IDX Acknowledges 51 Listed Companies in High Shareholding Concentration Category

The Indonesia Stock Exchange (IDX) has conducted a review of the criteria for shares included in the high shareholding concentration list. The evaluation results mean that 37 new listed companies will enter the list of shares with indications of concentrated ownership. Consequently, there are now 51 listed companies on the IDX that fall into the high shareholding concentration category. Regarding this matter, President Director of the Indonesia Stock Exchange, Jeffrey Hendrik, confirmed that this announcement was conveyed by the IDX as part of efforts to protect investors.