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Tolaram Group acquired another 3.3 billion shares of Bank Amar

13 Dec 2022 17:26

On Friday, December 9, Tolaram Group Inc., a Singapore retail company group, increased its ownership of issuer PT Bank Amar Indonesia Tbk (AMAR). Tolaram Group Inc. had previously taken control of AMAR with a 59.49% stake. However, this does not appear to be enough because the group purchased another 3,333,766,029 shares, increasing its ownership to 67.27%.

Tolaram Group acquired another 3.3 billion shares of Bank Amar