Danantara Indonesia has spoken out on state-owned enterprise (BUMN) stocks that fall into the high shareholding concentration (HSC) category.

No relief for state-owned issuers

Danantara Chief Operating Officer (COO) and BUMN Regulatory Agency (BP) official Dony Oskaria confirmed that the entity will follow the rules of the Indonesia Stock Exchange (IDX). "Oh yes, of course. We will see. We must follow all rules, without favoritism," Dony said after the Grand Launching of Danareksa Investment Management at the St. Regis Hotel on Thursday (12/11/2026).

He said Danantara will also check the state-owned issuers classified as HSC, and stressed there is no relief for BUMN issuers in that category. "Yes, maybe those state-owned stocks are concentrated in a few investors, right. We will see. In essence we must comply. This is the time when everyone must follow the same rules. There is no, no dispensation. We will see, I will study it," he concluded.

11 of the 300 new HSC stocks

The IDX has just released the latest list of HSC stocks, covering 300 new issuers. Eleven of them are state-owned stocks. Below is the list of state-owned stocks classed as HSC, with their ownership concentration percentages:

Sources

• Ada 11 Saham BUMN Masuk HSC, Bos Danantara Buka Suara — CNBC Indonesia (Zefanya Aprilia), 12 November 2026 13:00. https://www.cnbcindonesia.com/market/20261112123231-17-784617/ada-11-saham-bumn-masuk-hsc-bos-danantara-buka-suara