{
    "success": true,
    "data": {
        "id": 1130750,
        "msgid": "buana-shareholders-approve-takeover-1447893297",
        "date": "2005-09-08 00:00:00",
        "title": "Buana shareholders approve takeover",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Buana shareholders approve takeover JAKARTA: Shareholders of Indonesian private bank PT Bank Buana have approved UOB International Investment Pvt Ltd's bid to raise its stake in the bank to 53 percent, Bank Buana president Jimmy Kurniawan Laihad said on Wednesday.",
        "content": "<p>Buana shareholders approve takeover<\/p>\n<p>JAKARTA: Shareholders of Indonesian private bank PT Bank Buana<br>\nhave approved UOB International Investment Pvt Ltd's bid to raise<br>\nits stake in the bank to 53 percent, Bank Buana president Jimmy<br>\nKurniawan Laihad said on Wednesday.<\/p>\n<p>UOB International, a unit of Singapore's United Overseas Bank<br>\nLtd, has said it plans to buy an additional 30 percent, or 1.73<br>\nbillion shares in Bank Buana from a number of investors,<br>\nincluding the largest current shareholder PT Sari Dasa Karsa, for<br>\nRp 1.65 trillion (US$159 million), Laihad said.<\/p>\n<p>The bank also plans a tender offer to buy the remaining shares<br>\nin the bank.<\/p>\n<p>UOB International currently owns 23 percent of Bank Buana,<br>\nwhile PT Sari Dasa Karsa owns 43.45 percent, the World Bank's<br>\ncommercial lending arm IFC holds 5.32 percent and the investing<br>\npublic holds 28.23 percent.-- AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/buana-shareholders-approve-takeover-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}