OJK raids PT MASI office over alleged IPO manipulation case

Investigators from the Financial Services Authority (OJK) conducted a raid on the PT MASI office in the Sudirman Central Business District, Jakarta, on Wednesday, 4 March 2026, seizing a number of items as evidence. The operation was carried out in connection with an alleged case of manipulation of the initial public offering (IPO). The authorities did not immediately disclose further details about the seized items or potential suspects. The raid highlights ongoing regulatory scrutiny of IPO practices and market integrity in Indonesia.