Month: August 2022

Regulation on Information Technology Based Collective Financing Services

Regulation on Information Technology Based Collective Financing Services The Fundamental Changes on the P2P Lending Company by POJK 10/2022

Author: Vania Aqilla Cahyaningrum with Adam Kausar “The Financial Service Authority (OJK) issued POJK No.10/POJK.05/2022 to respond to the developing area of Peer Peer Lending business in Indonesia. The main aspects that have been changed are the capital requirement, controller shareholder, licensing procedure, and minimum equity.” By 4 July 2022, the Financial Service Authority (“OJK”) […]

Understanding Limited Liability Company Acquisition Process in Indonesia

Understanding Limited Liability Company Acquisition Process in Indonesia Understanding Limited Liability Company Acquisition Process in Indonesia

“An Acquisition is held to the passing of control of the Company by acquiring shares. The acquisition can be held through the Company’s Board of Directors or directly through the Shareholder.” In the event of business interest, Company usually has a strategy to expand their business or accelerate the growth of a Company. One of […]