Latest GoTo Initial Public Offering Schedule
Rancakmedia.com – Below we will discuss the schedule for the latest GoTo initial public offering which you can see in the article we provide below.
In the initial public offering, PT GoTo Gojek Tokopedia (GOTO) plans to issue up to 52,000,000,000 new shares with a nominal value of IDR 1 each, representing up to 4.35 percent of the Issuer's issued and paid-up capital.
Share are expected to be offered to the public with offering prices ranging from Rp. 316 to Rp. 346 per share, with a maximum amount of Rp. 17,992,000,000.00 obtained from the initial public offering.
GoTo Initial Public Offering
In connection with the Initial Public Offering (IPO), PT GoTo Gojek Tokopedia together with the Underwriters proposed to stabilize the price by executing the Over Allotment Option, which is not part of the central allotment excess order adjustment.
Exercising the Over Allotment Option can only be exercised in the event that the number of shares subscribed exceeds the number of Shares Offered to the Public. How to buy goto shares during the initial offering.
The Over Allotment Option will empower the Underwriter, who is the Lead Underwriter, to distribute up to 7,800,000,000 Series A Shares of the Issuer's treasury shares at the Offer Price.
The proceeds from the sale of these additional shares will then be used to stabilize the price by purchasing the issuer's shares on the secondary market through a Stabilization Agent to ensure that the share price is not lower than the Offering Price.
Acquisition of shares can be carried out in one or more transactions from the Recording Date and will end on I date which occurs 30 Calendar Days from the Recording Date or (ii) the date when the Stabilization Agent has acquired through IDX a total of 7,800,000,000 Series A Shares.
The party that became the Stabilization Agent was PT CGS-CIMB Sekuritas Indonesia (YU). In connection with the Initial Public Offering, PT GoTo Gojek Tokopedia will issue new shares I of a maximum of 1.5 percent annually, for a period of 10 years after the Effective Date, which is calculated from the issued and fully paid-up capital of the Company.
Issuer since the announcement of the GMS which was held on December 15, 2021 which approved (Share Ownership Program); and (ii) a maximum of 10.0 percent of the total issued and fully paid-up shares or paid-up capital listed in the amendment to the articles of association which has been notified and received by the competent minister at the time the capital increase will be made. made, with the associated risk of dilution, to be offered and listed on a stock exchange in another jurisdiction (International Offering).
The company appointed PT Indo Premier Sekuritas (PD), PT Mandiri Sekuritas (CC) and Trimegah Sekuritas Indonesia Tbk (TRIM/LG) as Managing Underwriters, while PT CIMB Niaga Sekuritas (YU) and PT Value Inti Sekuritas (RO) as underwriters. Issuance of securities in the framework of the Initial Public Offering (IPO) of the shares.
Estimated Schedule of GOTO Initial Public Offering
- Initial Offer Period: 15-21 Mar 2022
- Estimated Effective Date: 25 Mar 2022
- Estimated Public Offering Period: 29-31 Mar 2022
- Estimated Allotment Date: 31 Mar 2022
- Estimated Date of Electronic Distribution of Shares and Series I Warrants: 01 Apr 2022
- Estimated Date of Listing of Shares on the Indonesia Stock Exchange: 04 Apr 2022
After deducting issuance costs in connection with the Public Offering, all proceeds will be used as follows:
- The issuer will use about 30.0 percent of the total;
- PT Tokopedia will receive around 30.0 percent of the funds;
- Around 25.0 percent will be allocated to PT Dompet Anak Bangsa (GoPay);
- Of this amount, around 5% will be allocated to PT Multifinance Anak Bangsa, formerly PT Rama Multi Finance (a subsidiary of GoFinance);
- Approximately 5.0 percent will be allocated to VDIGI SG Ltd. (Gojek Singapore); And
- For Go Viet Ltd., it is estimated that 5% will be allocated (Gojek Vietnam).
Tokopedia will increase its participation in PT Tokopedia, PT Dompet Anak Bangsa, PT Multifinance Anak Bangsa, VDIGI SG Ltd., and Go Viet Ltd. gradually.
About PT GoTo Gojek Tokopedia (GOTO) is a business founded under the name PT Aplikasi Karya Anak Bangsa on December 10, 2015 with its head office located at Pasaraya Building Blok M, floors 6-7 Jl. Iskandarsyah II No.2, Jakarta 12160 – Indonesia.
On-demand services, e-commerce, digital goods and technology services finance is part of PT GoTo Gojek Tokopedia, a holding company based in South Jakarta that also provides digital platforms.
FAQs
Below we have summarized some frequently asked questions about GoTo, as follows:
When Will GoTo Enter the Stock Exchange?
PT GoTo Gojek Tokopedia Tbk (GOTO) officially listed on the Indonesian stock exchange on Monday, 11 April 2022.
Conclusion
PT GoTo Gojek Tokopedia (GOTO) plans to issue up to 52,000,000,000 new shares with a nominal value of IDR 1 each. The shares are expected to be offered to the public at an offering price ranging from IDR 316 to IDR 346 per share.
PT GoTo Gojek Tokopedia will issue new shares I with a maximum of 1.5 percent annually, for a period of 10 years after the Effective Date. The company appointed PT Indo Premier Sekuritas (PD) as Managing Underwriter in the Initial Public Offering (IPO).
Thus the article about the schedule for the latest GoTo initial public offering, I hope the information above can be useful and helpful for all of you.