CONFIDENTIAL
praft 8370009,917 (2.9.91)
CONFIDENTIAL
M
HCB CONSORTIUM MEDIA QUESTIONS AND ANSWERS
1. Who are the members of the HCB Consortium? What are their share
holdings?
2,
The Consortium is being put together by HC and Lippo Asia Ltd. It is not appropriate to disclose the other parties at this juncture panding final details to bé agreed. However, HCB, which is a member of the Lippo Group, will hold not less than 51% of the share capital of the new banking company.
When did HCB first express interest, and why?
HCB, which is a member of the Lippo Group, indicated its interest in finding a solution to the BCCHK problem in July. HCB is very much involved in trade financing, and so is BCCHK. From the perspective of the Lippo Group, the acquisition will give the opportunity of obtaining economies of scale. Hong Kong is Lippo Group's international headquarters outside Indonesia.
3.
Are you satisfied with the Abu Dhabi government's guarantee?
to'd
OJ30 698 258+
*1830 S. TARNEO MDT039
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