Monday, October 19, 2009

Garuda Capital will buy Optima Group

PT Garuda Capital Investama with strategic investors from Dubai, acquire 100% shares of Optima Group at value US$10 million.
CEO Garuda Capital Abraham Leo says throughout the transactions, the company control PT Optima Kharya Capital Management and PT Optima Kharya Capital Securities.
Two mounth ago, Asuransi Jiwa Nusantara (AJN) and AJB Bumiputera 1912 had announced the potential losses of the discretionary fund (KPD) investment managed by Optima Management and Optima Securities. The fund of AJN was placed at the KPD, bonds, and shares under the Optima mutual fund. AJB Bumiputera gives time up to 2012 for the Optima Management to settle the obligations.

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