South Korea’s Apro Financial Co. Ltd. boosted the ownership of its shares in its local unit Bank Oke Indonesia (DNAR), from 91.33% to 93.66% as on Dec. 27, 2019, Apro purchased 2.36 billion of DNAR shares at a price of Rp197 per share or Rp466.7 billion in total. Apro injected new capital to Bank Oke through rights issue as it acted as the standby buyer.

To subscribe please click here