Bisnis.com, JAKARTA — The Indonesia Stock Exchange (IDX) has seen multiple listings of lighthouse companies this year, namely firms with a market cap of over IDR 3 trillion and free float of at least 15%.
Since the start of the year, 22 new companies went public with a total of IDR 10.39 trillion raised from their initial public offerings (IPO). Among them, some are categorized as lighthouse companies, with most of them rallying after being listed.