Jul 10, 2011

Asia Leisure sells stake in BUVA

PT Asia Leisure Network has disposed 324.02 million shares or 11.34% of outstanding shares in PT Bukit Uluwatu Villa Tbk (BUVA), hotel provider, at Rp400 a share.
Asia Leisure sold its shareholding in Bukit Uluwatu on June 28 of 50 million shares and June 30 of 274.02 million shares.The shares disposal is intended to realize investment in Bukit Uluwatu. 

Disclosure: No position at the stock mentioned above.  

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