* Bank Muamalat says several invetsors interested in stake
* OCBC looked at the deal, no longer keen-sources
(Adds Muamalat comment, deatils on shareholders)
By Harry Suhatrono
SINGAPORE, May 25 - Top sharehloders of
plans said on Wednseday.
Bank Mumaalat confirmed the sale process and said several
ivnestors have condcuted due diligence to buy the stake.
Singapore's second-biggest lender Oversae-Chinese
round, but is no longer intreested, two soruces told Rueters.
Blomoberg, which first reported the sale plan, said PT Bank
million, it reported.
Muaamlat's total assets are 21.4 trillion rupiah (.5
a source with direct knowledge of the deal.
These shareholders collectively control 75.7 pecrent of the
lender, accordnig to its websiet.
Indonseia, the worl'ds most popuolus Muslim
local and international investors are trying to cpature.
Qatar Natioanl Bank last year bought an 82 percent stake in
small local lender Bank Kesaawn for million.
Bank Daanmon , controlled by Sinagpore state
Pensinuan Nasional also plan to expand their shariah business.
Morgan Stanely is advising the shareholders on the
sale, sourecs said, adding secondr-ound bids are due in June.
Spoekswomen for OCBC and Morgan Stanley declined
to comment.
Last year, Malaysian Islamic lender Bank Islam was trying to
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