JAKARTA (Yosefardi) – Indonesian Deposits Insurance Corporation (LPS) has received bidding proposal from 5 investors for buying PT Bank Mutiara Tbk (BCIC). This 5 investors have passed the pre-qualification stage.
LPS sets today (June 5) as deadline for submitting a pre-liminary bid to buy Bank Mutiara.
LPS prefers the interested buyers to pay in cash, instead of by installment, and propose the best price.
LPS failed to divest BCIC at minimum price of Rp6.7 trillion, equal to bailout fund disbursed to BCIC in 2008.