Sat, 09 Jan 1999

Bank Niaga

Correction: In the article "Bank Niaga Ready for Recapitalization Step" which appears in this paper on Friday, it was reported that Harawi Sekawan Group took a majority stake in Bank Niaga. It was DB Nominees (Singapore) Pte Ltd, PT Dwikom Financindo and PT Lisindodirgahau Utama which took over 30 percent shareholding in the bank from the Tirtamas Group. We apologize for the error.

-- Editor