Jakarta (Admin). BTPN has finally received a statement from Bapepam (The Capital Market and Financial Institutions Supervisory Board) on Friday, 29th February 2008 regarding the registration for Initial Public Offering.
On behalf of the Ministry of Finance of Indonesia, Bapepam has issued an official letter No. S.1253/BL/2008 concerning the Notification of Effective Registration. With the Registration declared as effective, BTPN is now subject to Indonesian capital market regulations.
The offering period will begin on 3rd March until 5th March 2008, at the Public Offering Counter of Bank Permata - Thamrin Branch in Jakarta. The shares will be sold in lots of 500 shares, for an initial price of Rp 2,850. (FDT)