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STAKE IN INDONESIA'S BANK BNI MAY BE SOLD BEFORE END OF H1.
JAKARTA, March 1 Asia Pulse - The divestment of a 30 per cent stake in Bank BNI (JSX:BBNI) may be realized before the end of the first half of 2004, depending on market response.
"If the condition of the market is not favourable, the divestment may have to be postponed," president of Bank BNI Sigit Pramono said.
He said if it appears that the market has an enthusiastic response, the divestment plan would be realized soon, but if the situation is the reverse, the plan may have to be delayed.
The strategy of the divestment plan would have to be left to a consultant, but it will not be carried all at the same time, but through several stages to obtain the maximum result.
Meanwhile, Bank BNI may also turn out ...
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Source: HighBeam Research, STAKE IN INDONESIA'S BANK BNI MAY BE SOLD BEFORE END OF H1.