Maybank’s Indonesian arm aborts sale of consumer financing firm
PETALING JAYA: Malayan Banking Bhd
’s (Maybank) unit, PT Bank Maybank Indonesia Tbk, has aborted the sale of a 68.55% equity interest in Jakarta-listed PT Wahana Ottomitra Multiartha TBK (WOM Finance) after certain conditions precedent to the share purchase agreement, which were scheduled to be satisfied by April 30, were not met.
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