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26 June 2017 - Texas, US-based state savings institution TBK Bank, SSB, a subsidiary of Triumph Bancorp, Inc.
To date, Protelindo and PT Solusi Tunas Pratama Tbk (STP, BB-/Stable) have forgone dividends to invest in growth, while PT Tower Bersama Infrastructure Tbk (TBI, BB/Stable) says it will spend up to IDR1trn on dividends and share buybacks this year.
"In addition, ever since listed on the Indonesian Stock Exchange, we have made several strategic acqusitions to fortify our business model, inter alia, through the acquisition of 37,67% of shares of PT Elnusa Tbk (ELSA), 10,3% of shares of PT Buana Listya Tama Tbk (BULL) and 100% of shares of Patina Group Ltd," concluded Michael Wong.
Rini also witnessed the signing of a memorandum of understanding between PT Wijaya Karya / WIKA (Persero) Tbk and Citra Manila Consortium consisting of PT Citra Marga Nusaphala Persada Tbk, PT Citra Persada Infrastructure and CLGP Philipine Holding Inc related to the elevated elevation of 18 Kilometers connecting Metro Manila with Taguig region.
Interested parties may participate in the live conference call, at 1-855-940-9472 (Canada: 1-855-669-9657) and request to be joined into the Triumph Bancorp Inc (TBK) call.
PT Bank Permata Tbk was formed by a merger of five banks: PT.
PT Surya Pertiwi Tbk and PT Royal Prima Tbk listed in the development board of Indonesia Stock Exchange meanwhile PT Medikaloka Hermina Tbk listed in the main board of Indonesia Stock Exchange.
(NASDAQ:TBK), TBK Bank, SSB is a Texas-state savings bank headquartered in Dallas, Texas.
TPGN holds around 71.6% in BTPN, whose total assets amounted to some IDR59.1trn as at end-2012.Country: IndonesiaSector: Banking/Financial ServicesTarget: PT Bank Tabungan Pensiunan Nasional Tbk (BTPN)Buyer: Sumitomo Mitsui Banking Corp Vendor: Other parties, TPG Nusantara Sarl Deal size in USD: 946.1mType: StakebuildingStatus: AgreedComment: Deal size refers to the purchase of a 24.26% stake.
Aaron P Graft, chief executive officer of TBK Bank, SSB, said, 'We have assembled a talented leadership team at TBK Bank.
Elisa Lumbantoruan, President-Director of ISS Indonesia: We are honoured and delighted to receive the Long Service Award from PT HM Sampoerna Tbk. This award reflects trust and acknowledgement of PT HM Sampoerna Tbk on the quality of our services.
22 March 2013 - UK private equity firm CVC Capital Partners Ltd and Indonesian company PT Multipolar Tbk have sold 1.17bn shares in retailer PT Matahari Department Store Tbk for a total of IDR12.66trn (USD1.3bn/EUR1bn), according to insiders cited by Reuters on Friday.
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