Aberdeen cuts Bank Bali stake

Thu, 08 Oct 1998, 00:00 WIB | Source: JP

JAKARTA (JP): Publicly listed Bank Bali said on Wednesday that
regional fund manager Aberdeen Asset Management Asia Ltd reduced
its stake in the bank to 4.99 percent on Sept. 15.

Bank Bali's corporate programs and communications manager,
Dian Syarief, said that Aberdeen previously held 5.13 percent of
the bank's equity.

Dian's statement clarifies a previous report in The Jakarta
Post about Aberdeen's links with the bank. (rid)

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