ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
IPO

Indonesia allows multiple voting shares to boost tech IPOs

Country's biggest tech company GoTo had been waiting for the regulatory change

Indonesian authorities want more tech companies to list on the Indonesia Stock Exchange.   © AP

JAKARTA -- Indonesia on Tuesday announced a new regulation that allows tech companies to issue multiple voting shares when conducting an initial public offering on the country's stock exchange, paving the way for local tech giant GoTo to come to market.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more