HONG KONG -
PT Bank Danamon Indonesia's (BDMN.JK) IDR4 trillion ( US$335 million) rights issue has already received pledges from 90% of the bank's existing shareholders, people close to the situation said Thursday.
Subscriptions to the rights offer begin April 7 and end April 14.
One person said a number of parties that don't have any holdings in the bank have expressed interest in purchasing the new shares by sub-underwriting the deal.
He declined to comment on the identity of the parties. Sub-underwriters underwrite the risk taken on by underwriters. Dow Jones, 4 March 2009
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