OJK Responds to BNBR's Special Notation G Status

Jakarta, CNBC Indonesia - The Financial Services Authority (OJK) has spoken out regarding Bakrie Group’s listed company, PT Bakrie & Brothers Tbk (BNBR), which received notation G indicating that the issuer has been subject to administrative sanctions for violations of capital market regulations in the moderate category.

Chief Executive of Capital Market, Derivative Finance, and Carbon Exchange Supervision, who also serves as a member of the Board of Commissioners, Hasan Fawzi, said that although he was not yet aware of the details, the assignment of such special notations is important as information for investors and shareholders.

Hasan explained that regulators assign a number of special notations to certain issuers as a form of investor protection to help them avoid problematic issuers. For the issuer itself, this notation serves as a transparent warning regarding the company’s performance or status, such as regulatory sanctions or legal issues, thereby encouraging them to promptly improve governance and compliance.

“I will check on that later. But essentially, these special notations have been implemented from the outset. And not all notations indicate a specific violation,” he said when met at the Indonesia Stock Exchange building in Jakarta on Monday (10/8/2026).

Hasan elaborated that some notations are actually intended to provide additional information to investors, serving as a warning for investors who wish to purchase shares in the relevant issuer.

“So that investors who intend to carry out certain transaction activities on the shares in question, as long as they carry a special notation, should first examine what lies behind the notation in question,” he explained.