[Last updated: 1 January 2022, unless otherwise noted]
A prospective listed company must pay initial listing fees that are calculated based on the share capitalization value of the listed company. For listing on the Main Board, for every IDR1 billion (approximately US$69,977) of share capitalization value, the initial listing fee is IDR1 million (approximately US$70), with the minimum initial listing fee being IDR25 million (approximately US$1,749) and the maximum being IDR250 million (approximately US$17,494).
Further, under the IDX Listing Rule, listed companies must pay an annual listing fee and fees for each additional listing shares (that is, for new shares issued through a rights issue). The annual listing fee is calculated based on the latest share capitalization value of the listed company. For every IDR1 billion (approximately US$69,977) of share capitalization value, the annual listing fee is IDR500,000 (approximately US$35), with the minimum listing fee being IDR50 million (approximately US$3,499) and the maximum being IDR250 million (approximately US$17,494). We are not aware if in practice the IDX imposes a higher annual listing fee. The annual listing fee must be paid in advance by the listed company for a period of 12 months from January to December and, subject to certain exceptions, must be received by the IDX at the latest at the end of the last working day in January.
The fees for additional listing of shares are calculated based on the share capitalization value of the publicly listed company. For every IDR1 billion (approximately US$69,977) of share capitalization value, the fees for an additional listing of shares is IDR1 million (approximately US$70), with the minimum fees for an additional listing of shares being IDR10 million (approximately US$700) and the maximum being IDR150 million (approximately US$10,496). The fees for an additional listing of shares must be paid to the IDX at the latest one working day prior to the date of the intended listing.
As an expert in financial markets and regulatory frameworks, I bring forth a wealth of knowledge and hands-on experience in the field of securities and stock exchanges. My understanding extends to the intricate details of listing requirements, fees, and regulations governing companies seeking a listing on stock exchanges.
The information provided in the article revolves around the listing fees imposed by the Indonesia Stock Exchange (IDX) for prospective listed companies. Let's break down the key concepts used in the article:
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Initial Listing Fees:
- Calculated based on the share capitalization value of the listed company.
- Main Board listing requires payment of IDR1 million (approximately US$70) for every IDR1 billion (approximately US$69,977) of share capitalization value.
- Minimum initial listing fee: IDR25 million (approximately US$1,749).
- Maximum initial listing fee: IDR250 million (approximately US$17,494).
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Annual Listing Fees:
- Companies listed on the IDX must pay an annual listing fee.
- Calculated based on the latest share capitalization value of the listed company.
- The annual fee is IDR500,000 (approximately US$35) for every IDR1 billion of share capitalization.
- Minimum annual listing fee: IDR50 million (approximately US$3,499).
- Maximum annual listing fee: IDR250 million (approximately US$17,494).
- Must be paid in advance for a 12-month period from January to December.
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Fees for Additional Listing of Shares:
- Applicable for new shares issued through a rights issue.
- Calculated based on the share capitalization value of the publicly listed company.
- IDR1 million (approximately US$70) for every IDR1 billion of share capitalization.
- Minimum fee for an additional listing of shares: IDR10 million (approximately US$700).
- Maximum fee for an additional listing of shares: IDR150 million (approximately US$10,496).
- Must be paid to the IDX at the latest one working day prior to the intended listing date.
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Payment Period and Exceptions:
- Annual listing fees must be paid in advance for a 12-month period from January to December.
- Subject to certain exceptions, fees must be received by the IDX at the latest at the end of the last working day in January.
Understanding these concepts is crucial for companies considering listing on the IDX, as compliance with these fees is an integral part of the regulatory framework. It ensures fair practices, transparency, and financial stability within the stock exchange ecosystem.
