Pt. Sitaro Mitra Abadi announced a private placement of 47,790 common shares at IDR 100,000 per share for gross proceeds of IDR 4,779,000,000 on December 27, 2013. The shares will be subscribed by existing investor PT Bukit Uluwatu Villa Tbk. The investor will acquire 2,790 shares from Ilham Akbar Habibie and subscribe to the remaining new shares, thereby increasing it holding from 65% to 80.29% stake in the company. The transaction was approved by the shareholders of the investor in the same day.

On January 3, 2014, Pt. Sitaro Mitra Abadi closed the transaction.