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BCA Sale

The Four Bidders for BCA

Tuesday, February 26, 2002

The sale of Bank Central Asia (BCA), which was the crown in the Salim family business empire, has now entered the final stage. The four bidders, who have handed over all the documents required, consist of the following:

arsip tempo : 173511076682.

. tempo : 173511076682.

Standard Chartered Bank

In its bid to win BCA, the Standard Chartered Bank (Stanchart) is working together with Prudential Insurance of the UK and the Government Investment Bank (GIC) of Singapore, as well as local partner PT Berca. Total funds to be provided by these Stanchart partners amount to no more than 5 percent each.

Stanchart is based in London and has a long track record in the banking world. Recently, Stanchart has been expand

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