KB selected as a preferred bidder for a 51% strategic stake in BII
2003-10-29On October 29, 2003, Sorak Financial Holdings Consortium (the “Consortium”) was selected as the preferred bidder for a 51% strategic stake of Bank Internasional Indonesia (“BII”).
In the future, Kookmin Bank will continue to work with the relevant parties to complete the necessary procedures in connection with the acquisition.