🔴 Bukit Uluwatu Villa is trading 12% down

Bukit Uluwatu Villa is trading at IDR 585, down 12.03%; no verified announcement explains the sharp decline on October 12.

• The company plans a rights issue of up to 6,154,263,660 shares at IDR 250 each.
• Cum-rights trading in the regular market is scheduled for October 13; available reporting does not directly link the rights issue to the October 12 decline.