Doo Group Obtains Indonesian License After Prima Tangguharta Acquisition

Singapore based Doo Group has made a significant stride in the Indonesian financial arena. PT Doo Financial Futures, an entity under its Doo Financial brand, has secured regulatory licenses from the Indonesian Commodity Futures Trading Regulatory Authority (BAPPEBTI). These licenses include the Futures Brokerage Business License: 376/BAPPEBTI/SI/VI/2004 and Approval as a Participant in the Indonesian Alternative Trading System: 1159/BAPPEBTI/SI/3/2007. This achievement marks a crucial step in the group's growth and expansion.

Doo Group's Indonesian Market Leap - A Game Changer

Acquisition of Licensed Indonesian Broker

Doo Group recently acquired Prima Tangguharta Futures, a licensed Indonesian broker. This acquisition further strengthens its presence in the Indonesian market. The company is dedicated to providing investors with a wide range of financial products and services, including global securities, futures, funds, bonds, and primary and secondary market securities placement.After a rigorous review by BAPPEBTI, PT Doo Financial Futures obtained the necessary licenses. This not only showcases the group's high level of compliance and professionalism but also expands its business scope, offering investors more global market opportunities.

Indonesia's Financial Market Potential

Indonesia boasts a large population and significant economic scale, holding an important position in Southeast Asia's financial markets. With the obtained license, PT Doo Financial Futures can now provide customers with a comprehensive suite of services such as securities, futures, CFDs, and over-the-counter transactions under BAPPEBTI's strict supervision. This enhances investor confidence and meets the diverse investment needs of the local market.

Global Regulatory Approvals

In addition to the BAPPEBTI licenses, Doo Financial entities hold regulatory approvals from the US Securities and Exchange Commission (US SEC), the US Financial Industry Regulatory Authority (US FINRA), the Australian Securities and Investments Commission (AU ASIC), the Hong Kong Securities and Futures Commission (HK SFC), the Labuan Financial Services Authority of Malaysia (MY Labuan FSA), and the Monetary Authority of Singapore (SG MAS). These approvals demonstrate the group's global reach and commitment to regulatory compliance.The company views this license issuance as a major milestone in developing the Indonesian and Southeast Asian markets. In the future, it will leverage Indonesia's advantages in the Southeast Asian financial market and explore its unlimited potential to enhance the group's layout in this region.