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Indonesia's GoTo shares drop 7% after some shareholders forgo secondary offering

Source: Reuters

JAKARTA, Dec 1 (Reuters) - Shares in PT GoTo Gojek Tokopedia (GOTO.JK) fell nearly 7% in early trading on Thursday after Indonesia's biggest tech firm said that some of its pre-IPO shareholders had decided not to take up a secondary offering of shares at this time.The shareholders were those who considered the proposed transaction, GoTo said in a statement on Wednesday evening without naming them.GoTo shares,…

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Read the original source at Reuters