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BCA

BCA Divestment: Maneuvering a Mountain

Tuesday, October 30, 2001

The DPR has approved the gradual sale of 51 percent of BCA shares. There are maneuvers afoot to sell the shares of the largest retail bank to local investors.

arsip tempo : 1735189513100.

. tempo : 1735189513100.

A meeting on the subject last week continued until midnight and was intense. Several members of the House of Representatives (DPR) Commission IX, especially from the Golkar and Reform factions, were seen hotly arguing with Finance Minister Boediono and State Minister for State-Owned Enterprises Laksamana Sukardi. The subject was none other than the percentage of Bank Central Asia (BCA) shares to be transacted.

As reported, the government ha

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