JAKARTA: Indonesian e-commerce firm Bukalapak.com and conglomerate Salim Group will subscribe to a planned 4.8 trillion rupiah ($335.55 million) rights issue by digital lender Allo Bank due to be launched next week, the bank said.
Car marketplace Carro, a subsidiary of ride hailing and food delivery firm Grab, online travel startup Traveloka and Growtheum Capital Partners will also participate in the rights issue, the companies said in a joint statement with other investors and Allo Bank on Wednesday.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
