Matahari Dept Stores: Diminishing Returns?

Media outlets reported Wednesday (August 6) that JP Morgan Securities facilitated crossing of Matahari Department Stores (LPPF) shares worth Rp4.7 trillion at Rp14025 per share, a discount of 6.5% from current market price. It is not clear who were involved in the crossing. At Rp14025 per share, Matahari Dept Stores was valued Rp43 trillion.

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