PT GoTo Gojek Tokopedia IPO on 11 April 2022

Acted for GoTo on its IPO, the first IPO that used the Multiple Voting Rights Shares scheme in Indonesia, the establishment of the most inclusive share ownership programs in the market, and a major tech listing in Southeast Asia. The total amount raised from the GoTo’s IPO process is approximately USD 1.1 billion (IDR 15.8 trillion), comprising USD 954.7 million (IDR13.7 trillion) in proceeds plus USD 146.3 million (IDR 2.1 trillion) from treasury shares for the purpose of price stabilisation, representing a market capitalisation of approximately USD 28 billion (IDR 400.3 trillion). Partners Bono Daru Adji and Intan Paramita led the transaction.