Ilham Habibie evaluated to give a new atmosphere to Muamalat

Bank Muamalat plans to make a stock exchange listing.

REPUBLIKA.CO.ID, JAKARTA – PT Bank Muamalat Indonesia Tbk just held the Annual General Meeting of Shareholders (RUPST) 2018 last week (28/6). Nine agendas were discussed at the meeting

. One accepted at the AGM, namely the appointment of Ilham Akbar Habibie as Chairman and Independent Commissioner of the Bank Muamalat. The first child of former Indonesian President BJ Habibie replaced Anwar Nasution

. The position would take effect after the graduation of Ilham from the Financial Services Authority (OJK). "Insya Allah by joining Mr. Ilham Habibie should bring a new atmosphere to Muamalat Bank's business development and network both locally and internationally," Bank President Muhammad Achmad K Permana said Monday (2/7). said the company continues to make improvements. Among them, the change of the board structure. Other improvement measures were approved at AGM 2018, he said, namely the sukuk issue, the purchase and sale of the sale of the company's badets. This corporate action will still continue until the completion target in the third quarter of 2018.

Meanwhile, linked to a long-term plan, Bank Muamalat plans to To make a stock exchange listing. The reason is that Bank Muamalat obtained a license as Foreign Exchange Bank and is registered as a public company, but was not listed on the Indonesian Stock Exchange

"The goal is to provide an exit strategy to shareholders.In addition, the benefits to the Company are to open the Company's access to long-term financing facilities and to improve the valuation of the brand the transparency and accountability of the Company. "

In addition, the government is asked to help the bank Muamalat

He explains, stock lists will be made in the three to However, the plan will depend on the financial position of the Company as well as market conditions as of that date.

For information, the other programs discussed and approved in the AGMS 2018 include the following. approval of the annual report l 2017 Muamalat Bank.The AGMS also approved the proposal for use of net income Bank Muamalat for fiscal year 2017 amounted to Rp 26 billion.

Also agreed the appointment of accounting firm (KAP). The purpose is to audit the financial statements of the Company for fiscal year 2018 as well as other necessary verifications.)