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JAKARTA : HSBC Asia Pacific Holding Limited completed the acquisition of purchase of shares of PT Bank Ekonomi Tbk Raharja on this day 22 May 2009.

Thus, starting today, HSBC has become the holder of 2,373,300,000 shares of Bank Ekonomi, which represents 88.89% of the entire amount of paid capital of Bank Ekonomi.

Corporate Secretary of Bank Ekonomi Lenggono S. Hadi said the purchase of shares representing 88.89% of capital paid by HSBC completed takeovers since 22 May 2009.


"This is a notice we provide to meet Bapepam regulations on transparency of information which must be immediately announced to the public," said Lenggono in suratnya to the Indonesia Stock Exchange today.

Director of Bank Ekonomi Hendrik Tanojo says in connection with a change on the definition 'closing' based on the Conditional Sale and Purchase Agreements (CSPA) 20 October 2008 in connection with the sale to buy a 88.89% share company, the Hanny Wurangian still served as the Deputy Commissioner Commissioner trap independent company.


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