GOTO Stock Transaction Patterns Under Stock Exchange Monitoring, Investors Are Asked To Consider Investment Decisions

JAKARTA - The plunge in the shares of PT GoTo Gojek Tokopedia Tbk (GOTO) has attracted the attention of the Indonesia Stock Exchange (IDX). In fact, the IDX has determined that the GOTO stock transaction pattern is in the Unusual Market Activity (UMA) category.

As stated in a letter signed by the Head of the IDX Transaction Supervision Division, Lidia M Panjaitan and the Head of the IDX Trading Operations and Regulations Division, Irvan Susandy, Friday, May 13.

In the letter, IDX stated that GOTO's shares had UMA status. However, the announcement of UMA does not necessarily indicate a violation of the laws and regulations in the Capital Market sector.

"In connection with the occurrence of the UMA on the GOTO shares, we need to convey that the IDX is closely monitoring the development of this share transaction pattern," the letter said.

Therefore, IDX urges investors to pay attention to GoTo's response to the Exchange's confirmation request, observe the performance and disclosure of information, review GoTo's corporate action plan if the plan has not been approved by the GMS, and consider various possibilities that may arise in the future before making a decision. Investation decision.

For information, since the IPO on April 11, 2022, at a price of IDR 338, GOTO's shares have continued to decline. In fact, as of today (Tuesday, May 17), the price has dropped 40.23 percent to IDR 202.