Something funny seems to be going on behind the scenes there because in November 2021, the Jakarta Post reported a media conglomerate had taken a 93% stake in the bank for US$63.3M. Only two months later they’ve issued more shares to get Singtel/Grab in. Curious.
https://www.thejakartapost.com/news/2021/11/05/emtek-to-acquire-bank-fama-in-63-million-deal.html
Something funny seems to be going on behind the scenes there...
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