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.
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.
(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.
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.