GoTo welcomes Danantara's entry as a long-term trusted investor

Jakarta (ANTARA) - PT GoTo Gojek Tokopedia Tbk (GOTO) has warmly welcomed the investment from the Indonesia Investment Management Agency (Danantara Indonesia), describing it as a reflection of sustained confidence in the company’s business fundamentals, performance, and long-term prospects.

GoTo Corporate Secretary R.A. Koesoemohadiani, as disclosed in the information release on the Indonesia Stock Exchange (BEI), Jakarta, on Tuesday, revealed that Danantara Indonesia has purchased a number of the company’s shares through the Exchange, amounting to less than 1 percent of the company’s issued shares.

“The company welcomes this investment, just as it does investments from all other stakeholders, as a reflection of sustained confidence in the company’s business fundamentals, performance, and long-term prospects,” she stated.

Koesoemohadiani said that this confidence serves as positive encouragement for the company to continue conducting its business activities in a sustainable and professional manner, underpinned by good corporate governance.

As a company born and grown in Indonesia, the company assures that it will always comply with all applicable regulations and provisions in Indonesia and follow government directives.

“We will continue to coordinate with the government and all relevant stakeholders so that the company’s Group can continue to provide sustainable benefits to all of society, especially Gojek driver partners and customers,” said Koesoemohadiani.

Regarding corporate action plans, Koesoemohadiani disclosed that the company currently has no material corporate action plans for the next six months, but it will always comply with applicable provisions to disclose material information to the public.

“As of the date of this letter, the company does not or has not yet received information regarding the plans of the company’s shareholders related to their share ownership in the company,” said Koesoemohadiani.