Indonesia eyes stock liquidity boost with minimum float
The Indonesian Stock Exchange has stepped up attempts to improve liquidity and market participation, announcing on Monday that companies must comply with a new minimum float requirement scheduled to kick in on Friday.
Under the new rules, the free float of a listed company should be at least 7.5% of its total share capital. Companies will have two years to comply with the new standards and failure to do so could result in being delisted from the country’s bourses.
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