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Regulation of CIMB Group's dual listing on the Indonesia Stock Exchange

Monday, August 2, 20100 komentar

Regulation of CIMB Group's dual listing on the Indonesia Stock Exchange : Originating bank nationals to Malaysia, CIMB Group is waiting for certainty of completion of dual listing rules (multiple listing) who was boiled by the Capital Market Supervisory Agency and Financial Institution

''We must listings in Indonesia. However, still waiting for the regulations, related to dual listing of the capital market regulator,''said Chief Executive of CIMB Group, Dato 'Sri Nazir Razak, in Jakarta, Monday (2 / 8).

According to him, CIMB was very ready to do a dual listing in BEI. And if you need it done this year. ''We want to disconnect the share of unlisted shares to Indonesia amounted to 100 percent or about 16 billion U.S. dollars,''he said.

He added that by releasing 100 percent of its shares, and if diekuivalenkan with Indonesia's current market capitalization, the number is around 5 percent. Value''share our share of about five percent of market capitalization in the BEI,''he explained.
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