Minna Padi Purchases Bank Muamalat Shares IDR4.5Trn

PT Minna Padi Investama Securites, Tbk (PADI IJ) will become a shareholder, who previously acted as a standby buyer PT Bank Muamalat Indonesia plan to issue new shares with Pre-emptive Rights (HMETD) or a right issue. Minna Padi’s transaction purchase of shares of Bank Muamalat up to IDR4.5trn with ownership of 51% stake.

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