JAKARTA – Indonesia Stock Exchange (IDX) reports the number of issuers seen in the pipeline of capital increase with pre-emptive rights, also known as rights issue, until July 5, 2024, has reached 24 issuers.

I Gede Nyoman Yetna, Director of Listing of IDX, mentioned that 12 issuers have conducted their rights issue. “With total value of up to IDR 32.57 trillion,” he added in the written statement.

Out of issuers that have entered the rights issue pipeline, 8 are issuers from consumer cyclical sector.

Then, they are followed by 5 issuers in financial service sector, 4 issuers each from energy and consumer non-cyclical sector, and 1 issuer each from basic material, infrastructure, as well as transportation and logistics sector.

For information, the number of listed companies or issuers in IDX has reached over 900 last year. This year, the stock exchange aims to raise the number to 1,000 listed companies. (KR/ZH)