Again, Matahari Department Store Buyback Shares Rp 500 M

Jakarta, CNBC Indonesia – Lippo Group retail issuer, PT Matahari Department Store Tbk (LPPF) plans to repurchase additional shares (buyback) that have been issued by the company and are listed on the Indonesia Stock Exchange (IDX) or called Share Buyback II 2021. In this second buyback action, LPPF management stated that the buyback was carried … Read more

Big Cuan! Riady’s Family Pockets IDR 805 Billion Selling MLPL Shares

Jakarta, CNBC Indonesia – A company controlled by the Riady family of the Lippo Group, PT Inti Anugerah Pratama (IAP) has sold 1.66 billion shares, equivalent to 11.37% ownership in PT Multipolar Tbk (MLPL). According to information disclosure on the Indonesia Stock Exchange (IDX), the average selling price per share is IDR 484.26 for the … Read more

GoTo Wants to Inject MPPA, 2 Lippo Group Shares Collapse!

Jakarta, CNBC Indonesia – Two listed shares of Lippo Group, the manager of Hypermart PT Matahari Putra Prima Tbk (MPPA) and MPPA controller PT Multipolar Tbk (MLPL), compactly collapsed more than 6% in early trading today, Tuesday (5/10/2021). The collapse of the two shares occurred amid news that MLPL together with the GoTo Group, which … Read more

Buying MLPL Shares from Lippo, Who Really is Connery Asia?

Jakarta, CNBC Indonesia – Connery Asia Limited recently announced the purchase of shares of PT Multipolar Tbk (MLPL) from PT Inti Anugerah Pratama (IAP), an entity of the Lippo Group as the controlling shareholder. Connery has purchased 1.05 billion shares owned by the company. This value is equivalent to 7.2% ownership with an exercise price … Read more

News Gojek Enter Triggers Lippo Stocks Soar, WIIM-FREN Drops!

Jakarta, CNBC Indonesia – at the second session today, Friday (23/4/2021). The soaring of the two Lippo shares today occurred as PT Aplikasi Karya Anak Bangsa, aka Gojek, reportedly plans to buy up the shares of another Lippo Group subsidiary, the issuer managing Hypermart PT Matahari Putra Prima Tbk (MPPA). Meanwhile, shares of cigarette producer … Read more