Red Carpet For Conglomerate Chairul Tanjung Controls 26 Percent Of Bengkulu Bank Shares

Chairul Tanjung conglomerate. (Photo: Doc. Bank Mega)

JAKARTA - The shareholders of Bank Bengkulu have agreed on the wish of the conglomerate Chairul Tanjung through PT Mega Corpora to buy shares in the regional development bank. This knock on the hammer happened at the Extraordinary General Meeting of Shareholders (EGMS) of Bank Bengkulu which was held last Tuesday, November 24.

The shareholders approved the plan for Mega Corpora to be included in the purchase of Bank Bengkulu shares to fulfill the core capital of Rp1 trillion in accordance with POJK 12/2020. Based on the meeting, Mega Corpora can hold a maximum share ownership in Bengkulu Bank of 26 percent.

Head of the Corporate Secretary Division of Bank Bengkulu, Fanny Irfansyah, said the EGMS approved Mega Corpora's inclusion in the purchase of Bank Bengkulu shares and the company prepared an administrative file regarding this matter.

For information, in this action, Bank Bengkulu will issue new shares in the sense that Mega Corpora's purchase of shares does not take over existing shares. Meanwhile, the sale of series B shares to the public continued.

"Mega Corpora has committed to buy shares of Bank Bengkulu up to 26 percent ownership. This commitment will be fulfilled no later than April 2021," said Fanny.

In the first phase, Mega Corpora made a capital injection of Rp. 100 billion. This is to pursue the target of fulfilling the bank's minimum core capital of IDR 1 trillion by the end of 2020 according to POJK 12/2020. The core capital of Bank Bengkulu as of September 30, 2020 was IDR 853.12 billion.

Mega Corpora will continue to purchase shares until April 2021 with a maximum ownership of 26 percent and remain under the controlling share. Currently, the shareholders of Bank Bengkulu, namely the Regional Government of Bengkulu Province, amount to 44.28 percent, while the rest are 10 Pemda / Pemkot and Meriani.

If the share purchase is successful, this will become the third BPD owned by Mega Corpora. Previously, the conglomerate owned by Chairul Tanjung had owned 24.90 percent ownership of BPD Sulutgo and BPD Central Sulawesi.