JAKARTA (Yosefardi) – The offering of PT Bank Mutiara Tbk (BCIC), attracted no interested buyers until the closing date Wednesday (Nov 20). The offering has been made for four times.
The Indonesian Deposits Insurance Corporation (LPS) open the new offering next year after determining optimum price.
PT Danareksa Sekuritas, as financial advisor, is now calculating the optimum price of divestment value, expected to set at maximum 400% higher than its equity value.
LPS has reportedly offered Bank Mutiara at minimum price of Rp6.7 trillion, equal to bailout fund disbursed to Bank Mutiara in 2008.