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BCA Divestment

Q: Better the Investor or Better the Price?

Tuesday, November 20, 2001

Minister Dorodjatun Kuntjoro-Jakti has indicated that the sale of 51 percent of BCA shares will not be completed this year. IBRA however, thinks otherwise. So once again, the government is faced with a difficult choice.

arsip tempo : 173519450596.

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THERE is no doubt that if the sale of 51 percent of the shares in PT Bank Central Asia Tbk (BCA) can be completed before the end of this year, then the transaction will be recorded in the Guinness Book of World Records. It would in fact be the worlds fastest-ever selling of a bank: only two months. The process of selling the bank, which has assets of no less than Rp99.98 trillion, started in early October. Dorodjatun Kuntjoro-Jakti, the Coordinat...

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