Creador buys 20% in Indonesian Index Selindo bank for $24m

Visual from the website of Index Selindo bank
Visual from the website of Index Selindo bank

Indonesia small bank, Index Selindo bank will be getting a $24 million capital injection from Creador Capital, a private equity (PE) firm based in Malaysia. The PE firm plans to acquire 20 per cent new shares in the index, through private placement mechanism.

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