“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Monday, October 20, 2008

HSBC to acquire Bank Ekonomi to double presence

The Jakarta Post | Mon, 10/20/2008 8:07 PM

HSBC Holdings announced in London on Monday it would acquire majority ownership of Indonesia-based Bank Ekonomi for US$607.5 million, as a step toward doubling its presence in the country.

HSBC would acquire a 38.84 share in Ekonomi from PT Lumbung Artakencana, 38.6 percent from PT Alas Pusaka and 11.45 percent from individual shareholders, giving it 88.89 percent ownership of the thriving bank.

Under Indonesian law, HSBC will be required to make a mandatory tender offer for the outstanding 10.11 percent of Bank Ekonomi.

"The acquisition will enhance HSBC's commercial banking business in Indonesia, extend the group's presence in the retail banking sector and almost double HSBC's network to more than 190 outlets in 24 cities across the country," HSBC says. (and)

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