JP/1/BCA

Fri, 09 Nov 2001, 00:00 WIB | Source: JP

JP/1/BCA

IBRA optimistic on BCA sale: The Indonesian Bank Restructuring
Agency (IBRA) insists it can finalize the sale of a 51 percent
stake in Bank Central Asia (BCA) this year, in spite of doubts
expressed Wednesday by Coordinating Minister for the Economy
Dorodjatun Kuntjoro-Jakti. IBRA said in a statement that
preliminary bids from strategic investors would start flowing in
by next week.

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