Quiet Quarter: IPO Activity Slows in Q3 2024

The number of prospective issuers in the IPO pipeline has been declining, but officials have confirmed that this drop is not connected to the recent gratification case involving employees of the Indonesia Stock Exchange (IDX).

Bisnis, JAKARTA — The Q3 2024 saw a noticeable slowdown in companies conducting initial public offerings (IPOs). Despite this, the Indonesia Stock Exchange (IDX) remains optimistic about meeting its target for the year.

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