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OJK Speaks Out About Claiming Haji Isam as a Prime Customer, Regarding the Pledge of JARR and PGUN Shares to Bank Mandiri for a Large Loan
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4 Articles
The Financial Services Authority (OJK) explained the pledging of Haji Isam's JARR and PGUN shares to Bank Mandiri. The OJK described Haji Isam as a prime customer and ensured the transaction complied with regulations.
The OJK has spoken out regarding the practice of pledging shares of issuers owned by businessman Haji Isam to PT Bank Mandiri (Persero) Tbk (BMRI).
The OJK explains the rules for using JARR and PGUN shares belonging to Haji Isam's affiliates as collateral for Bank Mandiri credit.
The OJK stated that Andi Syamsuddin Arsyad's method of acquiring Bayan Resources shares by pledging other shares as collateral was permissible.
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