
Jakarta - Lembaga Penjamin Simpanan (LPS) re-open the sale of shares of Bank Mutiara phase III. The opening began on January 21, 2013 with a limit of receipt of the statement of interest and completeness of the documents on May 15, 2013. "To be able to buy Bank Mutiara, investors must meet five criteria are criteria set by LPS," said Finance Director Deposit Insurance Corporation (LPS) Mirza Mochtar told reporters at a media event Gathering LPS, in Equity Tower, Jakarta, Thursday (7 / 2/13).
Mirza said the conditions include, first, the investor must meet the provisions of the legislation, including regulation of Bank Indonesia (BI) Ownership of the bank. The second condition, he said, investors who are not interested in the old shareholders and not affiliated with a party or has a family relationship with the old shareholders. Furthermore, he says, prospective investors have the commitment and strong financial capacity to meet all payment obligations for the purchase of shares in a timely manner.
The next requirement is that investors do not have experience in the banking industry and be able to demonstrate the ability to contribute to the ability of the banking industry in Indonesia. Last condition, said Mirza, potential investors are not included in the negative list or a list of despicable people in the banking industry in Indonesia. Be aware, in accordance with Law No.7/2009 on LPS, divestment of government shares in Bank Mutiara began three years since the Government granted bail amounting to Rp 6.7 trillion in 2008.
The sales process conducted in 2011 and 2012, but failed to find a buyer in accordance with the wishes of the government because of the necessity of a minimum sale price of Rp 6.7 trillion bailout suit. However, the law set up after starting the third year of sales and failed to find a buyer at a price of Rp 6.7 trillion, Bank Mutiara's share price could be sold at the best price.
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