Khazanah Nasional Berhard will merge Bank Niaga Tbk and Bank Lippo Tbk.
has had two options on PT Bank Niaga Tbk and PT Bank Lippo Tbk to deal with Bank Indonesia single presence policy. CIMB controls 64.19% shares of Bank Niaga and Khazanah controls 93.6% shares of Bank Lippo. CIMB is the unit of Khazanah controlling Bank Niaga.
Tuesday, December 25, 2007
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