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In need of extra cash, APLN to divest Pullman Ciawi
JAKARTA - PT Putra Adhi Prima (PAP), a subsidiary ofPT Agung Podomoro Land Tbk (APLN), has reportedly divested its assets in Ciawi, West Java, to PT Bangun Loka Indah (BLI) in order to boost its cashflow. Noer Indradjaja, Vice President Director of APLN, mentioned that the divested assets are Hotel Pullman Ciawi Vimala Hills Resort...