The Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) issued Rule No. 14/POJK.04/2019 on Amendment to Rule No. 32/POJK.04/2015 (“POJK 32/2015”) on Increase of Capital of Public Companies With Preemptive Rights (“POJK 14/2019”). The rule came into effect on 30 April, but a copy of this rule was only been…
Ken Prasadtyo is an associate partner in Baker McKenzie's Jakarta office.