Clarification on the rumors of KB Bid for PT Bank Internasional Indonesia
2003-09-26On September 26, 2003, the Korea Stock Exchange requested Kookmin Bank to confirm the rumors on Kookmin Bank Bid for PT Bank Internasional Indonesia.
Upon this request, Kookmin Bank officially announced as follows:
On September 26, 2003, Kookmin Bank submitted a preliminary non-binding bid to Indonesian Bank Restructuring Agency jointly with a leading investment firm in the region to acquire 51% stake of PT Bank Internasional Indonesia.
Kookmin Bank will disclose further information, when it is available.