JAKARTA (Yosefardi) – Shares of PT Multipolar Tbk (MLPL) and PT Matahari Putra Prima Tbk (MPPA) gain substantial this morning.
Multipolar gained 7.55% to Rp570 per share with 98.41 million shares exchange hands. MLPL’s unit PT Multipolar Technology, plans to offer 375 million shares through the initial public offering (IPO), representing 20% of its total issued and paid-up capital.
MLPL has surged 167% year to date. While MPPA jumped 14% to Rp375 per share this morning. but in very thin volume. Only 9.78 million shares were exchanged hands this morning. The stock has soared 175% year to date.