Month: July 2021

Issuance of the Debt Securities without Public Offering

Issuance of the Debt Securities without Public Offering Issuance-of-the-Debt-Securities-without-Public-Offering

Issuance the Debt Securities without Public Offering “The issuance of EBUS without Public Offering still requires the submission process to the OJK, rating/guarantee process, using an arranger and monitoring agent (for non-public company), and registration in Indonesia Central Securities Depository.” To obtain business development funding, the company has an alternative in various financial instruments based […]

The Essential Things of An Annual General Meeting

The Essential Things of An Annual General Meeting The-Essential-Things-of-An-Annual-General-Meeting

“According to Article 78 of UUPT, there are two kinds of GMS, which are annual GMS and other GMS. Each, have their own functions and criteria.” According to the Law Number 40 of 2007 on Limited Liability Company (“UU PT”), The General Meeting of Shareholders (“GMS“) is the organ of a Company that has authority […]

Securities Crowdfunding in Indonesia

Securities Crowdfunding in Indonesia Circular Letter Number 20 year 2021 concerning Health Protocol for International Traveller during Corona Virus Disease 2019 (COVID-19)

“Currently, the Securities Crowdfunding service has 2 (two) types of securities that can be offered, which are equity and debt or Sukuk.” Indonesian Financial Services Authority (“Otoritas Jasa Keuangan” or “OJK”), through its OJK Regulation No. 57/POJK.04/2020 on Securities Offering through Technology and Information basis of Crowdfunding  (“POJK 57/2020”), has introduced the development of crowdfunding […]