December 1, 2023

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The acquisition of Commonwealth Bank shares by OCBC Indonesia will be completed in 2024

Situs King88bet Terpercaya. Jakarta – PT Financial Commonwealth (PTBC) welcomes PT institution OCBC NISP Tbk (OCBC Indonesia) as a prospect for the company’s new investor, after the signing of a share sales and purchase contract in between Indonesia and Commonwealth Financial game slot institution Australia (CBA) on Thursday, 16 November 2023. King88Bet link Login

King88bet Live Chat .OCBC King88bet Indonesia will buy 99.00% of CBA’s shares in . The sale of CBA’s in PTBC is according to its strategy to become more efficient and better by concentrating on residential business in Australia and New Zealand.

King88Bet link Login .This also complies with the sale of several worldwide shares, consisting of PT Commonwealth Life in Indonesia, BoCommLife, and a 10% risk in Hangzhou Financial slot online institution in China. King88bet Live Chat

The approximated deal worth of the planned purchase of PT Financial institution Commonwealth by OCBC is IDR 2.2 trillion. Additionally, OCBC game slot Indonesia means to obtain the remaining 1% of PTBC shares from minority investors. King88Bet link Login

King88bet Live Chat .”We are delighted to invite the presence of OCBC slot online Indonesia as a prospective bulk investor and will work closely with OCBC Judi Online Indonesia to ensure a smooth conclusion of the sale and the shift duration. King88Bet link Login

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“Until the sale is finished, business will proceed customarily for our customers and workers, and we’ll proceed to provide top quality financial solutions to PTBC customers,” said PTBC Head of state Supervisor Lauren Sulistiawati, estimated in a main declaration, Thursday today. King88bet Live Chat

Therefore, CBA thinks OCBC Indonesia is the ideal new bulk investor of PTBC t

o develop the retail and SME companies of both financial institutions
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