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StanChart not selling stake in Indonesia's Bank Permata

Published Tue, Apr 21, 2015 · 09:50 PM

Jakarta

STANDARD Chartered plc has no intention to sell its stake in Indonesia's Bank Permata Tbk, the British lender's South-east Asia head said on Tuesday.

StanChart and Indonesian conglomerate PT Astra International Tbk owned 45 per cent each in Bank Permata as at December 2014, according to Thomson Reuters data.

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