Thursday, November 19, 2009

BTN offer share price IDR750-IDR1,100

PT Bank Tabungan Negara has set a price of IDR750 rupiah to IDR1,100 a share for its planned
initial public offering. PT Mandiri Sekuritas and CIMB Securities is helping arrange the sale.
CEO BTN Iqbal Latanro says management plans to sell bonds of between IDR 1 trillion and IDR1.5 trillion next year.

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