AIA sell 60% shares to Bina Asetanusa & Bina Dana Hahade

American International Assurance Company, Ltd.. (AIA) has agreement to sell 60% shares to PT Bina Asetanusa and PT Bina Dana Hahade.
Bina Bina Asetanusa and Hahade Fund is a joint partner of the AIA, and thats company are affiliated.
Sales of these shares are owned joint venture insurance company AIA. Transactions over 60% shares will be effective if all requirements have been agreed by both parties, which is determined by the Law (UU).
The plan PT Bina Asetanusa and PT Bina Hahade Fund will have a full on shares of insurance companies and took over the operation. Furthermore, AIA group will focus on business development of PT AIA Financial.