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Indonesia Close to IPO Overhaul to Lure Mega Tech Listings

  • It will allow multi-class voting shares, commissioner says
  • New rules to pave the way for Bukalapak, GoTo listings at home
Inside The Indonesia Stock Exchange (IDX) As Jokowi Wins New Term
Photographer: Dimas Ardian/Bloomberg

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Indonesia is close to finalizing a sweeping revamp of listing rules, paving the way for Southeast Asian startup giants from Bukalapak.com to ride-hailing leader GoTo to go public from August.