Permata sets new highs

Yesterday''s placement of Bank Permata stock sets new highs for Indonesian bank sales.
December 07, 2004

Sole coordinator, ABN AMRO priced a 20% placement of Bank Permata stock yesterday (December 8) at Rp750 a share. That price was a 6.68% premium to the price at which the consortium of Standard Chartered and Astra International bought 51% of the bank last month.

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