Bribery Case Leads to Regulation Amendment and Sponsors for IPO Candidates

The Indonesia Stock Exchange (IDX) plans to amend its regulations and introduce sponsor functions following IPO bribery case. Meanwhile, the Financial Services Authority (OJK) is investigating the parties involved.

Bisnis, JAKARTA — The Indonesia Stock Exchange (IDX) plans to amend its regulations following IPO bribery case, with proposals to introduce sponsor functions. Financial Services Authority (OJK) is investigating the case.

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