Bank Rakyat Indonesia (BBRI) plan to split its share with 1:5 ratio. The state-owned lender will ask permission to shareholders at Oct. 18. Following the stock split, the number of shares will rise from 24.67 billion to 123.34 billion shares. Recently, other state-Bank Mandiri (BMRI) made stock split on their share with ratio 1:2 where the stock was traded in new price since last Sept. 13.
