Bukalapak, Salim Group to pick up stake in Indonesian lender Allo Bank

Bukalapak, Salim Group to pick up stake in Indonesian lender Allo Bank

Photo: Bukalapak

Indonesian e-commerce platform Bukalapak and local conglomerate Salim Group plan to become shareholders of PT Allo Bank Indonesia Tbk through the proposed purchase of the latter’s pre-emptive rights.