Management of securities firm Minna Padi Investama Sekuritas (PADI) has on Wednesday (Feb. 7) confirmed our earlier report that it now acts as the facilitator for the acquisition over Bank Muamalat, pioneer of sharia banking in Indonesia, instead of being a standby buyer. The Conditional Share Subscription Agreement (CSSA) was signed by both parties on Dec 31, 2017.To subscribe please click here