PT Bank Bukopin Tbk, a mid-sized Indonesia banks, picks PT CIMB Securities Indonesia as a financial advisor for preparing rights issue.
Bank Bukopin plans to rights issue maximum 30% for increase capital. Jamsostek and PT Bank Rakyat Indonesia compete to take over majority stake in Bank Bukopin.
Bank Bukopin now is owned by Koperasi Pegawai Logistik Seluruh Indonesia (Kopelindo) with 39.39 percent shares ownership, Yayasan Bina Sejahtera Warga Bulog (Yabinstra) 12.3 percent, government 17.29 percent, Apkindo 6.7 percent and the rest by public.
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