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Akulaku officially takes over Bank Neo Commerce

12 October 2021 08:40

JAKARTA - The 2nd Extraordinary General Meeting of Shareholders of PT Bank Neo Commerce Tbk (BBYB) officially approved the takeover of the company by PT Akulaku Silvrr Indonesia.

According to the information disclosure on the Indonesia Stock Exchange website, as many as 99.9926% of the votes approved the agenda of the meeting. For information, this second EGMS is a continuation of the previous meeting which was held on September 20, because at that time the quorum had not yet been reached.

According to the Kompas report, this takeover action was carried out because Akulaku was the largest shareholder of BBYB with a portion of 24.98 percent. This corporate action was carried out by considering the interests of many parties, such as stakeholders, creditors, minority shareholders, and BBYB employees.

President Director of Bank Neo Commerce, Tjandra Gunawan believes that the approval of Akulaku as the controlling shareholder in BNC will increase collaboration to become more intensive and close. In addition, this approval is expected to become a separate force that brings various sustainable innovations. (LM)

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