Next Month, Stock Exchange Will End Up Recording 'New Economy'

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Bursa Efek Indonesia (IDX) said that the preparation process for the launch of a new listing board, namely the New Economic Zone, continues to roll on

IDX Corporate Assessment Director I Gede Nyoman Yetna said that his party is optimistic that the target for implementing the New Economic Papa can be carried out on time, namely in December 2022.

"Currently, the IDX has prepared the implementation of New Economic Zones, both system devices and regulatory devices on the Exchange. We have coordinated with the OJK and related parties to support the achievement of the implementation of New Economic Zones in December 2022," Nyoman said in a statement quoted by Antara, Wednesday, November 30.

Nyoman said, in terms of the readiness of Exchange Members (AB), his party has also carried out several system tests together with AB with good results and AB also stated that it is ready to implement New Economic Zones.

"Later on, the shares in Papan Ekonomi Baru can be identified by investors with the segmentation of a new listing board and also a special notation. The special notation that will be owned by the company listed on Papan Ekonomi Baru is K or I," said Nyoman.

Then, Nyoman explained, a special notation K means that the company is listed as implementing Shares with Multiple Vote Rights (SHSM) and is listed on the New Economic Zone, while the special notification I means that the company is listed as not implementing SHSM and is listed on the New Economic Zone.

"Basically, giving this special notation is not a form of sanction or a negative stipulation, but solely explains the status of a company is recorded based on its actual conditions, on matters whose information is public," said Nyoman.

This, continued Nyoman, includes the special characteristics of a company, for example, the company on Papan Ekonomi Baru. The next special notation information can be seen on the stock exchange website as well as online trading applications from each Exchange Member.

New Economics boards are listing boards provided to list shares of companies that use technology to create product and/or service innovations that increase productivity and economic growth, as well as have social benefits and have a high growth rate.