Convertible bonds in Indonesia : legal perspectives

• Main Author: Vita Buena Surowidjojo
• Other Authors: Tabalujan, Benny
• Format: Theses and Dissertations
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Fixed income::Bonds
• Online Access: http://hdl.handle.net/10356/20244
• Institution: Nanyang Technological University

The promulgation of Indonesia's new Capital Market Law {Undang-Undang No. 8 tahun 1995 tentangPasar Modal or UUPM1) in late 1995, which took effect from 1 January 1996, has built a legal foundation for all activities with regard to the Indonesian capital market. The Capital Market Law together with the Company Law {Undang-Undang No. 1 tahun 1995 tentang Perseroan Terbatas or UUPT2) and the Mortgage Law {Undang-Undang No. 4 tahun 1996 tentang Hak Tanggungan Atas Tanah Beserta Benda-Benda Yang Berkaitan Dengan Tanah), which were enacted on 7 March 1996 and on 9 April 1996 respectively, as well as the Investment Laws, Banking Law, Tax Law & Custom Law, now provide a more acceptable legal framework for the country's economy.