Citibank Singapore, BlackRock Collect GOTO's Shares
PT GoTo Gojek Tokopedia Tbk (GOTO) shares may set a floor and rebound soon as many foreign investors collect the shares of the ride-hailing to fintech provider. This was revealed from Indonesian Central Securities Depository (KSEI) data on Dec 2, which shows that Citibank Singapore is listed as a GOTO shareholder with 68.71 billion shares or a 5.8 percent stake. A day earlier, GOTO's only Singaporean investor was SVF GT Subco (Singapore) Pte Ltd, based at Capitagreen Singapore, with 103.12 billion shares or 8.71 percent.
Apart from Citibank Singapore, global investment firm BlackRock owns 1.1 billion GOTO shares at the end of the third quarter of 2022, rising from 463.13 million in the second quarter of 2022. In addition to BlackRock, other investors who increased their stake in GOTO are State Street Corp, FlexShares Trust, Amplify Investment, Mellon Investment Corporation, Eaton Vance Management, Lion Global Investors, Inspire Investing, and Allianz Global Investors Asia Pacific Limited.