JAKARTA: The largest bank in Indonesia by market value PT Bank Central Asia Tbk signed a sale and purchase agreement with PT Poly Kapitalindo to acquire 75% shares of PT Dinamika Usaha Jaya.Dinamika Usaha was established in 1990 as a securities company delivering underwriting, brokerage, and investment manager.BCA Corporate Secretary Raymon Yunarto in a letter to Jakarta Stock Exchange today said that the completion of the transaction will be made after the fulfillment of a number of preliminary requirements, including approval from the central bank and the authority of capital market.BCA did not mention about the value of the transaction but confirmed this agreement not a material transaction. The value of the transaction is less than 20% of its equity.BCA posted a net income of IDR2.02 trillion in the first quarter of 2011, up 4.4% from a year earlier, fueled by net interest income which rose 40.9% to IDR3.85 trillion.The BBCA-coded stock slipped 1.36% or IDR100 to IDR7,250 at the Jakarta Stock Exchange as of 1.39 p.m. local time. (NOM)
Cek Berita dan Artikel yang lain di Google News dan WA Channel