Mitra Pinasthika Aquires Surya Anugrah

JAKARTA (Yosefardi) – PT Mitra Pinasthika Mustika Tbk (MPMX) has acquired PT Surya Anugrah Kencana, motorcycle and car rental company based in Jakarta, for Rp220 billion. As of April 2013, MPMX operates 10,391 units of vehicles, to reach 12,012 units by June...

Mitra Pinasthika Lost Another 7%

JAKARTA (Yosefardi) – Newly listed motorcycle distributor and financing PT Mitra Pinasthika Mustika (MPMX) Tbk lost another 7.3% Tuesday (June 4th). MPMX fell to as low as Rp1250 this morning, the lowest level since its listing on IDX last week. MPMX offered 970...

Mitra Pinasthika Lost 1.3% on Trading Debut

JAKARTA (Yosefardi) – Honda motorcycle distributor PT Mitra Pinasthika Mustika (MPMX) Tbk declined 1.3% to Rp1480 on trading debut at Indonesia Stock Exchange (IDX) Wednesday (May 29). MPMX is one of the largest motorcycle distributors in Indonesia with sales...