Business · Markets · 55 mins ago
Indonesia’s Exchange Reclassifies MD Entertainment Shares as Highly Concentrated
Indonesia’s stock exchange has again classified MD Entertainment shares as highly concentrated.
The company trades under the ticker FILM, and the exchange made the decision with the country’s central securities depository, KSEI.
The exchange said that on July 14, a group of shareholders collectively held 92.98% of the shares.
On October 12, it had said the shares no longer met the concentration criteria, but later reviewed the ownership change behind that decision.
It found the decline came through share repo transactions, which may not have changed how concentrated ownership was.
The exchange said the classification does not by itself indicate a rule violation; it did not state what happens next.
Indonesia’s stock exchange again classified PT MD Entertainment Tbk. shares, ticker FILM, as having high shareholding concentration.
The exchange said shareholders collectively held 92.98% of FILM’s shares under its HSC methodology as of July 14, 2026.
On October 12, the exchange had announced that FILM no longer met the HSC criteria.
A subsequent review found that the ownership reduction behind that announcement involved a share repo transaction, which might not have changed ownership concentration.
The exchange said the HSC announcement does not by itself indicate a violation of capital-market rules.
- Who
- The Indonesia Stock Exchange (BEI) and the Indonesian Central Securities Depository (KSEI).
- What
- The exchange again classified MD Entertainment shares (FILM) as having high shareholding concentration.
- When
- The exchange announced the reclassification on October 23, 2026.
- Where
- Indonesia.
- Why
- A review found the ownership reduction behind an earlier announcement involved a share repo transaction that might not have changed ownership concentration.
This story does not have two clearly opposing sides.
Under the HSC methodology, certain shareholders collectively held 92.98% of FILM shares.
The exchange announced that FILM no longer met the quantitative HSC criteria.
A further review found that the ownership reduction behind the earlier announcement involved a share repo transaction that might not have changed ownership concentration.
The exchange announced FILM again as a stock with high shareholding concentration.
- Company
- PT MD Entertainment Tbk.
- Ticker
- FILM
- Collective shareholding
- 92.98% as of July 14, 2026
- Earlier announcement
- October 12, 2026: FILM no longer met the quantitative HSC criteria
- Relevant transaction
- Share repo transaction
- Authorities
- Indonesia Stock Exchange (BEI) and Indonesian Central Securities Depository (KSEI)
2 sources
What people are saying
The exchange is again announcing FILM as a stock categorized as having high shareholding concentration.
This announcement does not automatically indicate a violation of the applicable laws and regulations in the capital market.
The inclusion of a stock in the High Shareholding Concentration category is not a violation of capital-market rules, but an indicator of the characteristics of its share ownership structure.