BUVA’s core business revolves around hospitality and real estate, including the management of star-rated hotels, long-term accommodations, and the ownership and leasing of properties such as apartments and shopping centers. The company’s flagship property, Alila Uluwatu, is a well-known luxury resort in Bali.

This rights issue marks a significant step in BUVA’s expansion strategy, as it seeks to capitalize on growth opportunities in Indonesia’s thriving tourism and real estate markets. The move also reflects the company’s commitment to enhancing shareholder value through strategic investments and acquisitions.

Investors are advised to carefully consider the risks and opportunities associated with this corporate action. BUVA’s management has assured stakeholders that all transactions will be conducted transparently and in accordance with regulatory requirements. The company’s performance and future prospects will be closely monitored as it embarks on this new phase of growth. (Uki Ruknuddin)

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