Bloomberg.com
7 Aug 2008
By Aloysius Unditu
Aug. 7 (Bloomberg) --Indonesia's PT Bank Internasional Indonesia sent a letter to Singapore's Temasek Holdings Pte, its biggest shareholder, to seek clarification on its plans after its stake sale was blocked last week.
Malaysia's central bank revoked its approval for Malayan Banking Bhd.'s $2.7 billion purchase of a controlling stake in the Indonesian bank from Sorak Financial Holdings Pte, a group led by Temasek, saying a new takeover rule may trigger losses for the Kuala Lumpur-based lender.
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