Indonesian regulator admits takeover mistakes
Author: | Published: 19 Nov 2008
The Indonesian regulators changes to its takeover law in June were ill thought-out. Companies and lawyers are struggling to apply the revisions, and even Bapepam (Badan Pengawas Pasar Modal) admits there are problems.
At IFLRs Capital Markets Forum on Wednesday, Herbert Smiths David Dawborn warned delegates of the selldown restrictions that face companies executing mandatory offers, but suggested that rectifying reforms may be on the cards.
Only subscribers to the full IFLR service have access to this article. Please log in
Alternatively, some articles are available if you take a free trial
, giving you 7 days of free access to IFLR.
This article is only available to subscribers of IFLR in full.
Please click here to subscribe. Subscribe
Take a Free Trial
Click here to gain limited 7 day access through a free trial.Free Trial