Corporations Rely on Funding from the Capital Market


The Indonesia Stock Exchange (IDX) noted that 45 companies had entered the pipeline to raise capital with Pre-emptive Rights (HMETD) or rights issues through August 1, 2022. It expects to obtain a total fund of Rp 36.9 trillion. IDX Director of Corporate Valuation I Gede Nyoman Yetna Setia said these 45 listed companies are spread across various sectors.

"Judging from the number of listed companies in the rights issue pipeline, it reflects their trust in utilizing the Indonesian capital market as an alternative funding source," Nyoman said Tuesday.

Meanwhile, IDX also noted that 29 companies raised capital in an initial public offering (IPO) through August 1, with a total fund raised reaching Rp 19.5 trillion. In the IPO pipeline, 32 prospective issuers are in line to list their shares on the IDX.

Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.