10 Investor Claims LPS Bank Pearls Lyrics

The process of selling shares of Bank Mutiara investors entering the crawl stage. Deposit Insurance Corporation (LPS), the owner of 99 per cent stake claims, there are 10 prospective investors who have expressed interest in following the divestiture process.

Commissioner LPS, Heru Budiargo not willing to reveal the identities of the applicants that. He only said that some foreign and local investors. They have registered to Danareksa Securities, advisory LPS in this transaction. One was from South Korea. "From the beginning of the opening in February 2012, dozens of investors have signed up," claims Heru, Monday (02/04/2012).

Danareksa still open registration until May 1, 2012. He hopes, there are other investors who submit a proposal. LPS will announce potential investors to the public in late April 2012 or early in May 2012.

Information only, LPS share divestment in four stages. First, the period from February to June, LPS opened the registration of potential investors. The second stage, in June-July, investors have to submit initial offers are not binding. The third phase, from August to September, due diligence process. The fourth phase, from September to October, the final offer of negotiation, assessment, and determination of the winning candidates. "The price is still in accordance with the placement of temporary capital (PMS) to Rp 6.7 trillion," he said.

Heru hope, from dozens of potential investors that there will be a minimum of four candidates who will pass on the registration stage. "We want to complete the sale this year," he added.

Director of Bank Mutiara, Maryono said it plans to increase the performance to be more attractive. For example, in terms of loans and deposits. Credit growth up to March 2012 rose 28 percent to Rp 9.8 trillion (year on year / yoy). Meanwhile, deposits rose 10 percent to Rp 11 trillion from the previous Rp 10 trillion. Assets rose 18 percent to Rp 13.3 trillion.

Director of Securities Danareksa, Marciano H. Herman confirmed, Heru claims about the potential investors. However, he was reluctant to divulge the names of candidates inevstor. "Let the LPS that explains," Marciano said ..

LPS had offered Pearl Bank in 2011 and then. At that time, there are nine investors who are interested. However, none of the remaining bidders until the final lap. That said, they had resigned to assess the price of Rp 6.7 is too expensive. In addition, political risk is too high. Appropriate Law - Law, LPS may offer for a second.