DEWA to issue 18.83 billion shares in private placement
17 Feb 2025 13:05
DEWA's shareholders agreed upon the maximum capital increase issued in upcoming private placement.
SAFE controller sells 7.3 million shares to meet minimum free float
14 Feb 2025 18:25
Prior to this divestment, SAFE's free float is below the required level.
Mandatory tender offer done, SMDM’s free float hit 1.03%
04 Feb 2025 10:14
Currently, SMDM has free float rate of 1.03%, much lower than the required minimum free float of 7.5% in the capital market.
Low free float, IDX to suspend shares of 41 issuers
31 Jan 2025 10:25
IDX suspends 41 issuers starting from today's (31/1) morning session following their low free float and shareholders.
BREN management reveals it has met free float requirements
23 Sep 2024 12:45
PT Barito Renewables Energy Tbk. (BREN) has currently complied with the free float regulation of 11.66% of the total shares or 15.6 billion shares. This amount is higher than the stock exchange's provisions which stipulate a minimum of 7.5% of the total shares.
Free float issue still common in companies listed under IDX monitoring board
06 Aug 2024 11:38
Throughout July 2024, 21 issuers were reported being listed under the special monitoring board of Indonesia Stock Exchange (IDX) authorities. Out of those 21, 15 were reported failing to meet the free float requirement.
IDX urges profitable issuers to distribute dividends
09 Jul 2024 17:42
IDX urges all issuers who made profits from their company's performance to distribute dividends to shareholders.
Investor: OJK and IDX failed to exercise optimum supervision towards TIFA
13 Jun 2024 16:15
Retail investors highlighted OJK and the stock exchange authority’s lack of effort in protecting investors towards PT KDB Tifa Finance Tbk (TIFA) with its free float rate of only 0.35% and the lack of dividend distribution in the past 5 years.
Free float rate deadline for PermataBank is extended to October
30 May 2024 14:43
Financial Authority Services (OJK) and Indonesia Stock Exchange (IDX) have approved extended deadline for PT Bank Permata Tbk (BNLI) to meet its free float requirement until October 7, 2024.
Meeting free float requirement, Kalbe Farma to sell 6 million Enseval’s shares
05 Feb 2024 12:37
PT Kalbe Farma Tbk (KLBF), a pharmaceutical company, will sell 5 to 6 million shares of PT Enseval Putera Megatrading Tbk (EPMT).