Bank Rakyat Indonesia Syariah to sell 2.6 mln shares in IPO early May
Photo: A woman walks past a Bank Rakyat Indonesia (BRI) automated teller machine (ATM) in Jakarta December 4, 2009. State-owned BRI is the parent bank of BRI Syariah. REUTERS/Crack Palinggi
JAKARTA - Indonesia’s Bank Rakyat Indonesia Syariah (BRI Syariah), a subsidiary of state-owned listed lender Bank Rakyat Indonesia (BRI), will offer a maximum of 2,623,350,600 new shares, equivalent to 27 percent of its total issued and paid up capital, at its initial public offering (IPO) in May, Hadi Santoso, its president director told journalists in Jakarta today.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
