Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 29 FEBRUARY 2016

New OJK Regulation On Rights Issue

AKSET Law
Explore more from AKSET Law

The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –"OJK") issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue ("POJK No. 32/2015").

IndonesiaCorporate/Commercial Law
Abadi Abi Tisnadisastra
Abadi Abi Tisnadisastra

The Indonesian Financial Service Authority (Otoritas Jasa Keuangan –"OJK") issued OJK Regulation No. 32/POJK.04/2015 regarding Increase of Capital for Public Companies with Rights Issue ("POJK No. 32/2015"). On December 22, 2015, the new rule replaces two previous regulations regarding rights issue that were issued by the Head of Capital Market Supervisory Body ("Bapepam"): (i) Decision No. KEP-26/PM/2003 regarding Rights Issue ("Regulation No. IX.D.1"), and (ii) Decision No. KEP-08/PM/2000 regarding Guidelines of Registration Statement Format and Contents for Rights Issue ("Regulation No. IX.D.2").

POJK No. 32/2015 stipulates the procedures to conduct rights issue as well as the format of the required documents for such action. It also provides a detailed timeline of the steps to conduct rights issue as stated under its Appendix.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Setting The Ground: Indonesia 2026 Legal & Investment Guide For Middle East Sovereign Capital

Danantara was established under Law No. 1 of 2025 on Third Amendment to Law No. 19 of 2003 on State-Owned Enterprises, enacted on 24 February 2025, with the implementing frameworks detailed in Government Regulation (“GR”) No. 10 of 2025 on Organisation and Governance of Danantara Investment Management Agency, as amended by GR No. 19 of 2026 (“GR 10/2025”).
IndonesiaCorporate/Commercial Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Overview Of BKPM 5/2025: Reduction Of Minimum Paid Up Capital For Foreign-Owned Company

The Minister of Investment and Downstream Industry/ Head of Investment Coordinating Board ("BKPM") recently issued BKPM Regulation No. 5 of 2025 on Guidelines and Procedures for Implementing Risk-Based Business Licensing and Investment Facilities through the Electronically Integrated Business Licensing System (Online Single Submission or "OSS") ("BKPM Reg. 5/2025").
IndonesiaCorporate/Commercial Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Indonesia’s SOE Reform Agenda Continues: Key Changes Introduced By GR 38/2026

Indonesia's Government Regulation No. 38 of 2026 introduces significant reforms to state-owned enterprise management, establishing new frameworks for governance, asset management, and dissolution. The regulation clarifies the roles of key oversight bodies and introduces regulatory protection for directors implementing qualifying loss limitation measures. How will these changes reshape corporate governance and risk management practices across Indonesia's SOE sector?
IndonesiaCorporate/Commercial Law
ABNR Counsellors at Law
ABNR Counsellors at Law