Issued by Phillip Securities, the Indonesia SDRs represent beneficial ownership interests in the underlying IDX-listed companies of Bank Central Asia, Telkom Indonesia and Indofood CBP, maker of the popular instant noodle brand Indomie, all of which are constituents of the benchmark IDX30 Index.
The Singapore Exchange has launched the Singapore Depository Receipt (SDR) Linkage mirroring renowned Indonesian listed blue chips. This will bring the total number of SDR listed on SGX to 26 securities.
The launch of the Indonesian SDR follows the signing of a Memorandum of Understanding (MOU) between SGX Group and Indonesia Stock Exchange (IDX) back in 2024.
