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The Government of Singapore owns 68.71 billion GOTO shares

07 Dec 2022 11:17

Singapore's government redirected its attention to Indonesian issuers on Friday, December 2. After previously purchasing MTEL shares, this neighbouring country's government has now become the new GOTO investor. Surprisingly, the Singapore Government purchased 68.71 billion GOTO shares, giving it a 5.8% stake in PT GoTo Gojek Tokopedia Tbk (GOTO). GoTo Peopleverse Fund, or GPF, previously sold 16.31 billion GOTO shares, reducing its ownership to 7.65%.

The Government of Singapore owns 68.71 billion GOTO shares