Home » Business » Business Update: MPL Closes Business in RI, LKH Version Terrible Stocks

Business Update: MPL Closes Business in RI, LKH Version Terrible Stocks

TEMPO.CO, Jakarta – The latest economic and business news until Wednesday evening, June 1, 2022 starting with MPL closed its operations in Indonesia and Lo Kheng Hong or LKH open voice about the stocks that he avoids in the capital market.

Then there’s the price news oil fell 2.0 US dollars, or 1.7 percent, to 115.60 dollars per barrel. Then the textile company, PT Sri Rejeki Isman Tbk. or Sritex recorded a net loss of US$1.08 billion, equivalent to Rp.15.66 trillion (exchange rate of Rp.14,500 per US dollar) throughout 2021.

In addition, news about the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan invites Dutch entrepreneurs to invest in the Capital of the Archipelago (IKN) project in Indonesia at a meeting in The Hague, Monday, May 30, 2022. The following is a summary of the five news stories:

1. MPL closes its business in Indonesia after laying off 100 employees

Indian gaming and tournament platforms, Mobile Premier League or MPL closed its operations in Indonesia. Previously, MPL Indonesia had laid off or laid off ten percent of its total employees, namely 100 people.

“Sorry, MPL Indonesia is no longer accepting new users at this time. Thank you for your support and attention,” wrote Mobile Premier League quoted from the official website on Wednesday, June 1, 2022.

As for the MPL Indonesia Instagram account, MPL urges its users to immediately open the application and follow the instructions to withdraw the Victory Diamonds owned by the users. MPL Indonesia is also grateful for the support of the players and all parties.

For information, MPL was founded by Srinivas, Kiran G, and Malhotra in 2018. Various games such as MPL Fantasy, Pool, Fruit Dart, Fruit Chop, Fruit Slice, Bubble Shooter, and others. The basis made by MPL is in the form of rewards that can be exchanged into electronic money balances, namely Gopay and LinkAja.

Read the full news here.

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