GOTO - To carry out private placement

GOTO - To carry out private placement Gojek Goto Tokopedia (GOTO) has carried out a private placement through issuance of 17.04 bn of Series A shares, or equivalent to USD150 mn or IDR90 apiece that will be absorbed by an independent entity, Bhinekka Holdings. Following the corporate action, GOTO is to issue debt paper, notes subscription agreement through its overseas subsidiary, GoTo International Finance Limited. As much as 25% of private placement proceeds will be earmarked for GOTO, 15% of which will be for Tokopedia, Swift Logistics, Dompet Anak Bangsa, Multifinance Anak Bangsa and Multi Adiprakarsa Manunggal. (Source : Bisnis Indonesia)