15 Dec 2022
New Rule Facilitates Full Shareholder Participation at Online General Meetings of Public Companies
A. Introduction In 2020, Indonesia’s Financial Services Authority (“OJK”) issued two regulations, OJK Regulation No. 15/POJK.04/2020 (“POJK 15”)[1] and OJK Regulation No. 16/POJK.04/2020 (“POJK 16”),[2] to establish a concrete legal framework to allow public companies / issuers to hold their shareholders’ meetings online (“e-Meeting”). The…