State Enterprise Ministry picks PT Bahana Securities to help PT Reasuransi Internasional Indonesia (ReIndo) to look strategic investors.
ReIndo is one of the four reinsurance companies in Indonesia. Three other firms include PT Maskapai Reasuransi Indonesia Tbk (Marein), PT Tugu Reasuransi Indonesia (Tugu Re), anD PT Reasuransi Nasional Indonesia (Nasre).
PT Jamsostek last month announced prepares IDR200 billion budget to acquire ReIndo as part of the corporate investment expansion.
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