Ummm, somebody needs to answer some questions;
November 2021 - Media conglomerate Emtek, through subsidiary PT Elang Media Visitama (EMV), will acquire small lender PT Bank Fama International (FAMA) in a Rp 908 billion (US$63.21 million) transaction, as the firm seeks to diversify into finance. Emtek plans to acquire a 93 percent stake in Bank Fama, pending approval from an extraordinary shareholder meeting on Dec. 6, according to a joint announcement published on Friday. The remaining 7 percent share will be held by PT Nusantara Berkat Agung. So far, little is known about this company, which is a shareholder of publicly listed e-commerce giant Bukalapak.
This article was published inthejakartapost.comwith the title "Emtek to acquire Bank Fama in $63 million deal". Click to read:https://www.thejakartapost.com/news/2021/11/05/emtek-to-acquire-bank-fama-in-63-million-deal.html.
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