We Can’t Provide Projections, but We are Confident
Monday, 21 March 2022
GoTo Chief of Corporate Affairs Nila Marita speaks about the implementation of an initial public offering, in particular about the use of the greenshoe option, company losses of over a trillion rupiah, and difficulty in making profits.
THE plan of Goto Gojek Tokopedia to have an initial public offering (IPO) is finally taking shape. The plan is for the stock of GoTo—as the company from the merger of Gojek and Tokopedia is called—to be listed on the trading board of the Indonesia Stock Exchange (IDX) on April 4.
This plan that has been on the drawing board for a long time had been held back by some regulations, among them is the lack of the clause on stocks wi...
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