Matahari begins buy-back

PUBLISHED : Friday, 11 January, 2002, 12:00am
UPDATED : Friday, 11 January, 2002, 12:00am

Shareholders of AcrossAsia Multimedia's Indonesian retail associate, Matahari Putra Prima, favour a buy-back of up to 10 per cent of its shares on the Jakarta stock market. The 18-month programme, using a 270.6 billion rupiah (about HK$202.4 million) fund, began on Wednesday. Growth Enterprise Market-listed broadband communication services provider AcrossAsia has 44 per cent of Matahari, which has a new chief executive, Benjamin Mailool.