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Singapore’s Al Falah Investment will Acquires 50.3% Bank Muamalat Shares

JAKARTA (TheInsiderStories) – Indonesian businessman Ilham Habibie through his company Al Falah Investments Pte. Ltd. will become the controlling shareholder of PT Bank Muamalat...

Japan MUFG Bank Officially Holds 40% Bank Danamon’s Shares

JAKARTA (TheInsiderStories) - Indonesia's Financial Service Agency (FSA) has granted approval for MUFG Bank Ltd., to increase its investment In PT Bank Danamon Tbk...

Minna Padi Fails to Acquire Bank Muamalat’s Stake

JAKARTA (TheInsiderStories) - Public listed securities firm PT Minna Padi Investama Sekuritas Tbk has failed to acquire sharia bank PT Bank Muamalat after Minna missed...

BRI Agro to Acquire Two Small Banks

JAKARTA (TheInsiderStories) - Local lender PT BRI Agro Tbk (IDX: AGRO) announced that it has allocated Rp 1 trillion (US$70 million) to acquire two...

Industrial Bank of Korea Will Gets 87.34% Bank Agris Share

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) will obtain 4.59 million shares or 87.34 per cent of PT Bank Agris Tbk (IDX: AGRS) fully...