Knowledge & Insights

The Singapore Exchange (SGX) recently announced that it has entered into a Memorandum of Understanding (MOU) with its counterpart, the Indonesia Stock Exchange (IDX), which will allow both exchanges to lay the groundwork for greater market connectivity between Singapore and Indonesia. This MOU is more expansive than the MOU on depository receipts linkage which the SGX and the Stock Exchange of Thailand signed in May 2023. These MOUs reflect a push to foster greater connectivity between regional markets in the Association of Southeast Asian Nations (ASEAN) and provide additional investment opportunities for investors beyond their respective markets.

This article by WongPartnership and Makes & Partners Law Firm – member firms of WPG, a regional law network – explore the opportunities that such connectivity between Indonesia and Singapore will bring to issuers and investors.

Dr Yozua MAKES
Founder and Managing Partner
d +62 21 547 7181
e ymakes@makeslaw.com
Click here to view Dr Yozua’s CV.

Gail ONG
Head – Equity Capital Markets
d +65 6416 8205
e gail.ong@wongpartnership.com
Click here to view Gail’s CV.

Iwan SETIAWAN
Senior Partner
d +62 21 547 7181
e setiawan@makeslaw.com
Click here to view Iwan’s CV.

James CHOO
Partner – Equity Capital Markets and Indonesia Practices
d +65 6416 2418
e james.choo@wongpartnership.com
Click here to view James’s CV.