I hear founder Grup Para, Chairul Tanjung still negosiate to buy majority stake in detik.com, the largest online media in Indonesia. Maybe, the deal will close soon.
Grup Para own Bank Mega, Anta Expres, Trans TV, Trans 7, etc. Last year, Grup Para announce preparing to acquire a medium-scale bank and will prepare IDR8 trillion.
Bank Mega was a bank bought by Grup Para in 1996 before it acquired Bank Tugu in 2001. Bank Tugu has been converted into an Islamic general bank and has been operating under the name of Bank Syariah Mega Indonesia.
According to Chairul, the plan was part of efforts to enlarge Bank Mega's market share as well as of the running organic growth.
Para Group took over PT Mahagaya Perdana, PT Naryadelta Prarthana (Baskin Robbins), and PT Anta Express Tour & Travel Services Tbk.
At the same time, the group established three new businesses, Trans Living andd CTG Property, Mega Auto Finance, and Mega Central Finance.
Grup Para also has buisiness in the real sector by seizing a majority stake in Bandung Supermall.
Tuesday, May 26, 2009
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