IDX Demutualization to be Completed Soon, Danantara Prepares Investment Scheme

Jakarta: Investment Management Agency (BPI) Danantara Indonesia confirms the demutualization process of PT. Bursa Efek Indonesia (BEI) is still ongoing and targeted will be completed in the next few months.

At present, Danantara is still finalising the investment plan as well as coordinating with The Financial Services Authority (OJK) and the Board of Directors of the Indonesia Stock Exchange (BEI) regarding the process of changing the stock exchange’s ownership structure.

Chief Investment Officer (CIO) Danantara Indonesia Pandu Patria Sjahrir said that the discussion of demutualization is still taking place with regulators and exchange operators.

“About demutualization, we still process it. Both with OJK and exchange board of directors. Insya Allah it will be completed in the next few months. We will share the details to the public shortly,” Said Pandu when interviewed in BEI Building, Jakarta, Monday, August 10, 2026.

Pandu explained that at the implementation, Danantara directed Danantara Investment Management (DIM) as an investment tools to execute the stock ownership in that stock exchange.

“From BPI gave instruction for DIM to do the investment for that demutualization,” explained Pandu.

OJK Prepares The Regulation of OJK (POJK) Demutualization

In the side of regulation, OJK is processing the regulation of OJK Demutualization as the basis for the IDX’s institutional transformation from mutual system to demutual.

Chief Executive of Capital Markets, Derivatives and Carbon Markets Supervision at the OJK Hasan Fawzi previously stated that regulation was targeted to be launched in the second week of September 2026.

Through that policy, the Ministry of Finance, Bank of Indonesia, and Daya Anagata Nusantara Investment Management Agency (Danantara), are planned to be the first institution that will have a stake in BEI.

Demutualization will change the structure of stock exchange ownership from mutual to demutual system, so that the ownership of BEI is no longer limited to stock exchange members.

Purbaya Has Not Applied Yet For The Ownership of Stock

Meanwhile, Minister of Finance, Purbaya Yudhi Sadewa admitted that the Ministry of Finance has not both discussed and submitted an official application to have stocks in BEI.

However, Purbaya mentioned that Danantara Indonesia has submitted the application of stock ownership in the stock exchange.

“We have not proposed discussing to buy stocks (BEI). But if I am not mistaken, Danantara has proposed to buy stock market shares. But we have not yet,” declared Purbaya some times ago.