Tag: Aksa Mahmud

Corporate Actions & Results

State-owned lender Bank Negara Indonesia (BBNI) was rumored to act as a standby buyer of a right issue of medium-sized lender affiliated with tycoon Aksa Mahmud’s conglomerate Bosowa Group, Bank Bukopin (BBKP)’s shares. BBNI is now still reviewing and exploring the financial statement of (Bukopin).

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Saving Bank Bukopin (2)

Bisnis Indonesia newspaper quoted Sadikin Aksa, CEO of Bosowa Corporindo—-a company owned by the family of Aksa Mahmud (brother in law of Vice President Jusuf Kalla), saying Bosowa as controlling shareholder of Bank Bukopin (BBKP) yet to make decision related to the proposed issuance of new shares worth around Rp2 trillion.

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