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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Permata Bank Responds to Inclusion on High Shareholding Concentration List

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • Permata Bank acknowledges its shares are included in the Indonesian Stock Exchange's high shareholding concentration (HSC) list.
  • The bank respects the exchange's transparency efforts and communicates with major shareholders on strategy.
  • The HSC list, revised with new criteria, excludes affected stocks from major stock indices.

PT Bank Permata Tbk (BNLI) has responded to its inclusion on the Indonesian Stock Exchange's (BEI) high shareholding concentration (HSC) list. Katharine Grace, Chief of Corporate Affairs & Sustainability at Permata Bank, stated the company respects the publication of the HSC list as part of the exchange's commitment to investor information transparency.

Grace explained that Permata Bank understands the HSC list is based on methodologies and criteria set by the BEI and Kustodian Sentral Efek Indonesia (KSEI). "The company continues to communicate with its major shareholders in determining strategies for fulfilling capital market provisions and listed company regulations," she told Tempo on Friday, July 17, 2026.

Permata Bank is among 51 issuers on the latest HSC list. The BEI revised its HSC methodology to include a price impact ratio criterion for stocks with a market capitalization exceeding Rp 10 trillion. BEI President Director Jeffrey Hendrik noted that while HSC inclusion doesn't automatically signify a violation, these stocks will be excluded from major indices like LQ45 and IDX30. The exchange is open to discussions with listed companies on the HSC list to explore better stock distribution strategies, as part of ongoing capital market reforms.

DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.