JAKARTA - Akulaku Group, the major shareholder of PT Bank Neo Commerce Tbk (BBYB) is planning gradual divestment of its shares to 30% of BBYB’s issued and paid-up capital. This plan had reportedly been approved by the shareholders last week (15/11).

Agnes Fibri Triliana Dewi, Corporate Secretary of BBYB, mentioned that shareholders have agreed upon Akulaku Group’s plan to divest its shares by 2% per year, for a maximum of 5 years.

“Akulaku Group’s portion in BNC will arrive at a maximum of 30%,” Dewi confirmed in the information disclosure quoted Wednesday (20/11).

The further adjustment of Akulaku Group’s divested portion may entail other corporate actions, including rights issue.

Akulaku Group owns 34.45% of 13.35 billion listed shares of BBYB through PT Akulaku Silvrr Indonesia, and another 5.52% through Rockore Financial. Another shareholder is PT Gozco Capital, claiming 7.21% of the shares.

This gradual divestment plan was approved by 94.06% of present shareholders during Extraordinary General Meeting of Shareholders, which represented 56.53% of total valid votes. (LK/ZH)