Multipolar (MLPL) plans to buy back its shares amounting to 1.46 billion units or 10% of enlarged capital, which cost Rp284.43 billion. But Multipolar prepares a Rp425 billion fund for said buyback of shares. MLPL shares are now traded at Rp675, with a market capitalization of Rp9.88 trillion. This year, Multipolar plans to transform its business from current-oriented technology and digital business. The Company suffered a loss of Rp989.5 billion in 2020, narrowed from a loss of Rp1.04 trillion in 2019. Sales declined 16.6% to Rp10.28 trillion.
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