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Bukopin's Sweet promise

Tuesday, April 15, 2014

With Bukopin in need of capital, part-owner Kopelindo, a state cooperatives union, put some of its shares on the market. The unlikely buyer: Bosowa.

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Sadikin Aksa, managing director of the Bosowa Corporation, has been charged with a special task. The son of Bosowa's founder, Muhammad Aksa Mahmud, was asked to look into the intricacies of the banking business. Since late 2012, he was discharged from a series of important projects in the company. "I had to learn banking regulatory documents and held discussions with senior bankers," Sadikin told Tempo last week.

The 41-year old businessman born in

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