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KPIG to Sell Bali Asset for IDR5.5tn

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Algo Research Team

Company | Dec 24, 2024 | Views: 320

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Key Summary:

  • KPIG agreed to sell its asset at MNC Bali Resort
  • Total transaction consideration amounts to IDR5.5tn
  • Deal is expected to be finalized in January 2025

MNC Land (KPIG) announced that it has signed a sale and purchase agreement with Bumi Indah Prima (BIP) for the sale of its land in Tanah Lot, Tabanan, Bali.


Context: KPIG is in the final phase of selling its MNC Bali Resort for IDR 5.5 trillion, with the transaction expected to be completed in January 2025.

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