ENGLISH
The Way SPAC and Dual Class Shares Drive Unicorns to Go-Public
The IDX is finalizing a regulation to allow SPAC and dual "class shares" in Indonesia
Marsya Nabila - 30 March 2021
The Indonesia Stock Exchange (IDX) has been improved since earlier this year to welcome three unicorns. Some relaxation has been prepared, one of which is allowing them to go public using SPAC (Special Purpose Acquisition Company) and dual class shares. These are currently being discussed in the internal unit.
DailySocial received a statement that IDX’s Company Assessment Director, I Gede Nyoman Yetna Setia said SPAC and dual-class shares (DCS) are currently in internal review, discussing with authorities and stakeholders regarding the potential for implementation and regulation in Indonesia.

DS Premium Content
Get unlimited access to discover the best minds of innovation and to perceive the finest tech journalism products in Indonesia through DS Premium Content. Learn more
Pay per Article
Rp 3k - 50k/article
- Anytime Access, only this article
powered by
Subscribe Monthly
Rp 150,000/month
- Daily Newsletter
- Premium Article
Subscribe Yearly
Rp 1,033,000/year
- Daily Newsletter
- Premium Article
Please, Sign In to Access
Premium Article
Dailysocial.id is a news portal for startup and technology innovation. You can be a part of DailySocial.id`s startup community and innovation members, download our tech research and statistic reports, and engage with our innovation community.
Sign up for our
newsletter

Thank you for Reading DailySocial.id
Starting at less than Rp 5.000/Day. You get unlimited access to DailySocial.id