TEMPO.CO, Jakarta - The Indonesia Stock Exchange (IDX) announced that PT Transcoal Pacific Tbk (TCPI) has been listed under the High Shareholding Concentration (HSC) category. TCPI is the 11th issuer to be included in the list.
According to the IDX announcement, a certain number of shareholders own 94.1 percent of the company's total shares. "This announcement does not immediately indicate any violation of the regulations and provisions in the Capital Market sector," IDX stated in the announcement on Saturday, May 30, 2026.
Previously, 10 issuers have also been listed in the HSC. They are PT Barito Renewables energy Tbk (BREN), PT Dian Swastatika Sentosa Tbk (DSSA), PT Abadi Lestari Indonesia Tbk (RLCO), PT Rockfields Properti Indonesia Tbk (ROCK), PT Panca Anugrah Wisesa Tbk (MGLV), PT Ifishdeco Tbk (IFSH), PT Satria Mega Kencana Tbk (SOTS), PT Samator Indo Gas Tbk (AGII), PT Lima Dua Lima Tiga Tbk (LUCY), and PT BSA Logistics Indonesia Tbk (WBSA).
Director of Company Assessment at IDX, I Gede Nyoman Yetna, stated that the exchange had met with several HSC issuers. "I won't mention names, but most of those companies have met with us," Nyoman told reporters at the Indonesia Stock Exchange on Tuesday, May 19, 2026.
The meetings discussed the steps that the companies could take to exit the HSC list. Nyoman mentioned that mapping ownership is one of the actions that can be taken. He stated that, rather than viewing the affiliation as shared ownership, the exchange emphasizes the portion of ownership concentrated in a handful of parties.
According to Nyoman, when ownership of shares is concentrated, market prices will not reflect objective conditions. "Ladies and gentlemen, what we also want to convey is that with relatively even distribution, the price formation will naturally lead to objectivity of its fundamentals," he said.
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