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New OJK Regulations on Substantial Shareholding Reporting and GMS Procedure

 

04 April 2017

​On 14 March 2017, OJK issued two new regulations on reporting of substantial shareholdings in public companies which includes substantial shareholding and change of 0.5% or more shareholding who directly or indirectly holds 5% shareholding including for ultimate beneficial owners in any public company, The regulation amendment on general meeting of shareholders for public companies, comprises of three new articles to the existing regulations on general meetings of shareholders.

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