Kembali
BREN — Removed from FTSE Russell due to free float issues
24 September 2024
BREN — Removed from FTSE Russell due to free float issues Barito Renewables Energy (BREN) has been excluded from the FTSE Russell Large Cap Index due to not meeting the required free float threshold. BREN's free float stands at 11.66%, slightly below the initial public offering figure of 11.73%. The majority of BREN's shares, 95.97%, are held by four major shareholders, including Barito Pacific and Green Era Energy. BREN confirmed that all shareholding details were reported per regulatory requirements and remained focused on maintaining compliance with free float regulations. (Source: Kontan)