Indonesia Stock Exchange Adds Special Notation for Companies Lacking Free Float Rules

The Indonesia Stock Exchange (BEI) is enhancing its information system with new special notations for listed companies. Effective immediately, two new circulars will introduce changes to how company information is displayed on the Jakarta Automated Trading System (JATS).

The bourse is adding a specific 'P' notation for companies that fail to meet the minimum free float requirements for continued listing. This rule is outlined in BEI regulations concerning the listing of shares and equity instruments. Concurrently, notations 'E', 'D', 'A', and 'S' are being removed as their information criteria are now covered under the Special Monitoring Board regulations and existing suspension rules.

These adjustments aim to make company information more precise, relevant, and compliant with current regulations. "Through this refinement, it is hoped that investors can obtain clearer, more accurate, and relevant information as a basis for making investment decisions," said BEI Corporate Secretary Kautsar Primadi Nurahmad. "Furthermore, this policy is a form of alignment with applicable provisions to support the creation of orderly, fair, and efficient securities trading."

The removal of notations 'E', 'D', 'A', and 'S' takes effect on November 30, 2026. The 'P' notation will be implemented in stages: starting November 30, 2026, for companies on the Acceleration Board, and from April 30, 2027, for those on the Main and Development Boards.