Bukalapak Shares Gain 2.13% Ahead of EGM to Appoint New Boss

TEMPO.CO, Jakarta - The share price of Bukalapak.com (IDX: BUKA) soared ahead of the company's extraordinary general meeting of shareholders (EGM) to appoint new directors. On Wednesday morning, February 16, OPEN rose 2.13 percent or 8 points to trade for Rp384.

Bukalapak will determine its new board of directors today following the resignation of Rachmat Kaimuddin in late December last year. Rachmat left his job to become the deputy technology and sustainability development special advisor at the Coordinating Minister for Maritime and Investment Affairs.

The company's board of commissioners has discussed the candidates for the president director and new members of the board of directors.

Bukalapak's board of commissioners proposed Willix Halim as President Director, who joined the company in 2016 as chief operating officer. Willix has been performing the role of president director since Rachmat Kaimuddin left the company.

The board of commissioners also proposed Howard Nugraha Gani and Victor Putra Lesmana as new members of the board of directors. Today's EGM will determine whether shareholders approve their appointment.

This morning, BUKA recorded a total transaction of Rp15.51 billion. Over the last month, BUKA had gained a 9.09 percent price increase. On a year-to-date basis, however, BUKA is still corrected by 10.7 percent.

Read: BI Governor: E-commerce Transaction to Reach Rp530 Tn in 2022

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