Divestment of up to 40% shares at BNI, next year

Management of PT Bank Negara Indonesia (BNI) Tbk has proposed the divestment of up to 40% shares next year through rights issue and secondary offering. The proposal could generate up to Rp12.6 trillion. But the implementation is subject to parliament's approval. Initial comments from some legislators called the size (40%) is too high and 20% would be considerable size.

READ MORE!!!