Indonesia: Panorama completes first stage of Raja Kamar’s share sale

Indonesia: Panorama completes first stage of Raja Kamar’s share sale

Publicly listed Panorama Sentrawisata, through its unit Panorama Ventura Indonesia, has completed the first stage of share sale of Raja Kamar International, an online hotel booking platform. The tourism company has transferred 11.26 per cent stakes in Raja Kamar to foreign investor Archipelago Tourism Limited for $10 million.

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