PT Bukit Bali Permai announced a private placement of 44,550 shares at IDR 1,000 per share for gross proceeds of IDR 44,550,000 on December 30, 2015. The transaction included participation from PT Bukit Uluwatu Villa Tbk. On closing, the capital of the company increased from IDR 12,375,000 to IDR 56,925,000.