Indonesia Stock Exchange President Jeffrey Hendrick said at a briefing on Tuesday that the exchange will no longer set market capitalization thresholds and carry out centralized screening of all individual stocks using the revised judgment rules. This time, 300 new targets were added, accounting for 6.16% of the total market value of the Jakarta Composite Index. These individual stocks will be excluded from the benchmark index calculation. Judging criteria: 10 or less shareholders holding a total of 92.5% or more of the shares are transferred to HSC; the exchange cancels the price impact ratio as a judgment indicator. If a company wants to be removed from the HSC list, it must prove to the exchange that it has released its shares to the public through a main board transaction. The exchange will continue to monitor the equity situation to ensure that information on freely tradable shares and shareholding of related parties is truthfully reported. The HSC Committee membership was reduced from 9 to 7 members.

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