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Japan’s Sumitomo Becomes the Sole Investor for Bank Permata

JAKARTA (TheInsiderStories)  - Japan' Sumitomo Mitsui Financial Group (SMFG) (8316.T) become a preferred bidder to acquire around 90 percent shares of local lender, PT...

BTPN Submits Formal Assessment on Merger with Sumitomo

JAKARTA (TheInsiderStories) - Indonesian lender PT Bank Tabungan Pensiunan Nasional (IDX: BTPN) announced on Monday that it had entered a formal assessment in its...

FKS Multi Agro Secures US$200M Loan to Fund Projects

JAKARTA (TheInsiderStories) - PT FKS Multi Agro Tbk (IDX:FISH) said its subsidiaries have signed loan syndicated deal worth US$200 million from a number international...