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Financial Reporting Changes for Dual Listed Issuers and Companies

The Head of the Capital Market Supervisory Agency – Financial Institutions (Bapepam-LK) has issued a Decision which stipulates that issuers or public companies that are dual listed, on an Indonesian Exchange and on a Foreign Exchange, are not subject to the provisions of Bapepam Rule X.K.2 and X.K.6. This in effect changes the financial reporting requirements for dual listed issuers and public companies.

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