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GoTo Faces MSCI Index Removal Review After Share Price Drops

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Sig2.75Sen-4.15Env0.00Soc0.00Gov0.00

GoTo Group, an Indonesian ride-hailing and food delivery platform that was once valued at over $32 billion, may be dropped from MSCI Inc.’s indexes on Wednesday. A sharp share-price fall has left the Jakarta-listed stock stuck at 50 rupiah, near the exchange’s minimum, for about three months, prompting asset-manager complaints about trading difficulties tied to the price floor.

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