Mandiri will annexed, BTN Stock Price Jumps

The stock price State Savings Bank Tbk ( BTN ) on trading this morning shot along with the news that the bank would be annexed PT Bank Mandiri Tbk .

At 9:41 pm , shares of the bank that is coded BBTN rose to 11.81 percent at Rp 1,420 per share . In fact , shortly after the market opened , shares of BTN had touched the level of Rp 1,500 per share , up 15.33 percent from the previous day's close of Rp 1,270 per share .

Previously reported , BTN SOE Ministry will submit to the Bank . The plan will be decided at the general meeting of shareholders outside the ordinary ( EGM ) scheduled in May.

While it cites Cash , there is a letter from the Ministry of Enterprise , dated 11 April 2014 which was signed immediately by Billy Trihargo , Deputy of the Ministry of Enterprise Services and addressed to the Director of BTN .

The letter stated that the Government requested the implementation of the agenda of the EGM of the shareholders change BTN . Bank Mandiri will mememiliki dichromatic existing shares in BTN .

Budi Gunadi Sadikin , President Director of Bank Mandiri as confirmed not deny or justify . " We are awaiting direction shareholders first, " he said .
(see also: harga burung kenari )

Interestingly , Independent control of BTN with bonds recapitulation ( recap ) . " Self will replace the stock dichromatic wear BTN government bonds , with equity participation mechanism . Mechanism is quite decided in the AGM , do not need the legislature ( Parliament ) , " said the source .

source:http://www.kompas.com/