Saturday, April 28, 2012

INDONESIA - FINANCE - Muamalat waits for Shareholders approval of the acquisition of Alif

www.bisnis.com - JAKARTA: Indonesia Tbk, PT Bank Muamalat will ask permission of the shareholders in May to acquire the shares of PT Al Ijarah Indonesia Finance is owned by Boubyan Kuwait and Alpha Lease and Finance Holding BSC.
Andi Buchari, Muamalat Compliance Director, said the acquisition of PT Al Ijarah Indonesia Finance (Alif) is going through the stages of the approval of the commissioner, shareholders, and the authorities.
"We asked for approval of the shareholders of the General Shareholders' Meeting [AGM] in May after which the process will require permission from the authorities," he said today, 26 April 2012.  (source)



He explained the company would acquire up to 66% of the shares owned by Boubyan Alif Kuwait and Alpha Lease and Finance Holding BSC. The second entity is a shareholder with Bank Muamalat Alif.
"Currently we have Alif stock by 33% with the acquisition of the ownership will increase to 90% - 99% and the rest may be owned by the Cooperative Bank Employees Muamalat."
He explains the company to spend approximately Rp66 billion from internal funds in the acquisition process. "This acquisition does not require a lot of paid-in capital funding for new Alif currently around 100 billion."
Alif is one of the few Islamic finance companies operating in Indonesia. Alif began operations in August 2007 with an initial capital of Rp105 billion, which was located equally by Bank Muamalat, Boubyan Bank, Alpha Lease and Finance Holding. (MMH)

Akuisisi Alif tunggu persetujuan RUPS Bank Muamalat

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JAKARTA: PT Bank Muamalat Indonesia Tbk akan meminta izin dari para pemegang saham pada Mei untuk mengakuisisi saham PT Al Ijarah Indonesia Finance yang dimiliki oleh Boubyan Kuwait dan Alpha Lease and Finance Holding BSC.

Andi Buchari, Direktur Kepatuhan Bank Muamalat, mengatakan proses akuisisi PT Al Ijarah Indonesia Finance (Alif) tersebut akan melalui tahapan persetujuan komisaris,  pemegang saham, serta otoritas.

“Kami meminta persetujuan para pemegang saham para Rapat Umum Pemegang Saham [RUPS] pada Mei mendatang setelah itu prosesnya akan meminta izin dari otoritas,” ujarnya hari ini, 26 April 2012.

Dia menjelaskan perseroan akan mengakuisisi hingga 66% saham Alif yang dimiliki oleh Boubyan Kuwait dan Alpha Lease and Finance Holding BSC.  Kedua entitas tersebut merupakan pemegang saham Alif bersama Bank Muamalat.

“Saat ini saham Alif yang kami miliki sebesar 33% dengan proses akusisi maka kepemilikan akan bertambah hingga 90%--99% dan sisanya mungkin akan dimiliki oleh Koperasi Karyawan Bank Muamalat.”

Dia menjelaskan perseroan menyiapkan dana sekitar Rp66 miliar yang berasal dari dana internal dalam proses akuisisi tersebut. “Akuisisi ini tidak memerlukan banyak dana karena modal disetor Alif saat ini baru sekitar Rp100 miliar.”

Alif merupakan salah satu dari sedikit perusahaan pembiayaan syariah yang beroperasi di Indonesia. Alif mulai beroperasi pada Agustus 2007 dengan modal awal Rp105 miliar yang ditempatkan sama rata oleh Bank Muamalat, Bank Boubyan, Alpha Lease and Finance Holding.(mmh)

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