Listing the Company’s shares on the Stock Exchange (IDX) is a strategic move because of several benefits as follows:
Opening Access to Capital
Going public will provide greater future flexibility through capital market mechanisms with a lower cost of capital.
Benchmarking with similar industries
With GoPublic it will be possible for greater flexibility in the future through a capital market mechanism with a lower cost of capital.
The-Benefits-of-IPO
Unlocking the Company’s Value/Marketability for Shareholders
Being a public company allows the Company’s shares to be traded (marketable), providing shareholders, particularly founder shares, the opportunity to realize/monetize their investment in public companies.
Tax Incentive
In line with PP No. 14 of 1997 and PP No. 77 of 2013, incentives are provided for both shareholders and companies to obtain tax benefits that are not afforded to private companies.
Improved Transparency, GCG and Public Accountability
By becoming a publicly traded company, the Company’s management is obligated to provide public disclosure and ensure transparency of its transactions to regulators, analysts, and stakeholders in order to achieve Good Corporate Governance (GCG). With GCG, the company may run professional business plans (for shareholders who are not involved in management) in accordance with what has been agreed.