Bisnis.com, JAKARTA — The Indonesia Stock Exchange (IDX) is seeing a scant amount of rights issues this year with only four listed companies having gone through this action as of May 23, and another four having submitted a rights issue plan and waiting in the pipeline.
While the number of companies in the pipeline is relatively low, a number of listed firms from multiple sectors have unveiled plans to hold a rights issue, pending shareholders’ approval in their respective upcoming annual meetings.
