State-owned PT Bank Negara Indonesia Tbk, the country’s fourth-largest lender, said after break fasting today that it was picks PT Bahana Securities as a lead underwriter for rights issue.
CEO BNI Gatot Mudiantoro Suwondo says that the company has select six securities company. "There are several name like Danareksa Sekuritas, UBS, Credit Suisse," he added.
The company aiming to raise about as much as IDR9 trillion in a rights issue in the fourth quarter, possibly in December 2010.
BNI also plans to divest its 30 percent stake in its securities subsidiary PT BNI Sekuritas Indonesia.
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