Bank Pundi Indonesia Shareholders Approve $57 Mln Rights Offer

PT Bank Pundi Indonesia shareholders approved a 498-billion-rupiah ($57 million) rights offer, the lender said in an e-mailed statement today.

The transaction is expected to be completed Oct. 5, according to the statement.

To contact the reporter on this story: Greg Ahlstrand in Hong Kong at gahlstrand@bloomberg.net

To contact the editor responsible for this story: Greg Ahlstrand at gahlstrand@bloomberg.net

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