BEI President Director Jeffrey Hendrik said the first policy was to remove all shares with high ownership concentration (HSC) from the index weighting calculation.
BEI announced two new initiatives after the MSCI meeting, namely the addition of 1 percent shareholder affiliation information and the issuance of HSC shares from IHSG.
The Indonesia Stock Exchange (IDX) announced two new initiatives to further reform the integrity of Indonesia's capital market. The two initiatives were announced after the IDX board of directors met with MSCI.