{
    "success": true,
    "data": {
        "id": 1423494,
        "msgid": "regent-enters-bank-nisp-1447893297",
        "date": "1999-02-11 00:00:00",
        "title": "Regent enters Bank NISP",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Regent enters Bank NISP JAKARTA (JP): Hong Kong-based investment firm Regent Pacific Private Equity has bought Rp 122 billion (US$14.02 million) in zero-coupon mandatory exchangeable notes from major shareholders of publicly listed Bank NISP. The bank announced on Wednesday the notes, issued by its two founding shareholders PT Suryasono Sentosa and PT Udayawira Utama in July last year, would entitle Regent Pacific to significant share ownership.",
        "content": "<p>Regent enters Bank NISP<\/p>\n<p>JAKARTA (JP): Hong Kong-based investment firm Regent Pacific<br>\nPrivate Equity has bought Rp 122 billion (US$14.02 million) in<br>\nzero-coupon mandatory exchangeable notes from major shareholders<br>\nof publicly listed Bank NISP.<\/p>\n<p>The bank announced on Wednesday the notes, issued by its two<br>\nfounding shareholders PT Suryasono Sentosa and PT Udayawira Utama<br>\nin July last year, would entitle Regent Pacific to significant<br>\nshare ownership.<\/p>\n<p>\"Almost all the proceeds from the notes were used to improve<br>\nthe bank's capital through a rights issue late last year,\" the<br>\nbank said.<\/p>\n<p>Bank NISP said its unaudited net profit reached Rp 24.32<br>\nbillion in 1998, compared to Rp 24.18 billion the previous year.<\/p>\n<p>Regent Pacific Private Equity, listed in Hong Kong and<br>\nFrankfurt, is a subsidiary of the Regent Pacific Group, with its<br>\ncore business in investment in global emerging markets. (aly)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/regent-enters-bank-nisp-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}