Bukit Uluwatu Villa is trading at IDR 955 (+8.52%) following a market update regarding the deployment of its rights issue proceeds and general sector tailwinds.
- The company has realized 82.5% of its net rights issue proceeds as of June 30, 2026, with funds successfully allocated toward subsidiaries, associates, and strategic asset development.
- The stock is also benefiting from broader strength across the real estate sector, which has provided a positive backdrop for the current price action.