KONTAN.CO.ID - JAKARTA. The Annual General Meeting of Shareholders (AGMS) of PT Bank OCBC NISP Tbk has approved the plan to take over the shares of PT Bank Commonwealth. Therefore, the management of OCBC NISP will complete all acquisition processes and merger this year. In detail, President Director of OCBC Parwati Surjaudaja said, the acquisition process will be completed in the second quarter of 2024. Followed by the merger process which is targeted to be completed in the second semester of 2024. "This acquisition will then be followed by a merger in the second half of this year and the synergy will be visible after the merger," said Parwati in a press conference, Monday (18/3).
OCBC NISP Will Complete Merger Process with Bank Commonwealth This Year
KONTAN.CO.ID - JAKARTA. The Annual General Meeting of Shareholders (AGMS) of PT Bank OCBC NISP Tbk has approved the plan to take over the shares of PT Bank Commonwealth. Therefore, the management of OCBC NISP will complete all acquisition processes and merger this year. In detail, President Director of OCBC Parwati Surjaudaja said, the acquisition process will be completed in the second quarter of 2024. Followed by the merger process which is targeted to be completed in the second semester of 2024. "This acquisition will then be followed by a merger in the second half of this year and the synergy will be visible after the merger," said Parwati in a press conference, Monday (18/3).