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Transfer of Ownership of Foreign Shares

Background The transfer of ownership of foreign shares for a domestic investment company occurs when domestic investment company conducts a change in the company’s capital as a result of the entry of foreign capital which causes some or all the company’s capital...

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Non-Licensing Services

Background The scope of investment services which includes the activity held by BKPM aside from the licensing services are the non-licensing services. Article 1 paragraph 6 of Regulation of Chairman of BKPM No. 12 year 2009 (“Perka BKPM 12/2009”) stated the definition...

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