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BCA

And to the Winner the Spoil... One Seat

Tuesday, May 21, 2002

The FarIndo consortium is restructuring BCA's management. Farallon's assignment of only one board member is questionable.

arsip tempo : 173518900980.

. tempo : 173518900980.

Monday this week could be a milestone for the share transfer of Bank Central Asia (BCA) from government control to FarIndo—the consortium purchasing 51 percent of BCA's shares worth Rp5 trillion. A TEMPO source close to FarIndo whispered that the present shareholders' general meeting would endorse a major management shake-up, particularly with the bank's board members.

Nearly all board members will be replaced, leaving only Alfred

...

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