Press Releases

Direktur PT Nirvana Development Tbk

Penggantian Sekretaris Perusahaan 23 Oktober 2015

Merujuk kepada Peraturan Otoritas Jasa Keuangan ("POJK") No. 35/POJK.04/2014 tanggal 8 Desember 2014 tentang Sekretaris Perusahaan Emiten atau Perusahaan Publik; Peraturan No. X.K.1 Lampiran Keputusan Ketua Bapepam No. Kep86/PM/1996 tanggal 24 Januari 1996  tentang Keterbukaan Informasi Yang Harus Segera Diumumkan Kepada Publik; ....

Warburg Pincus to Commit US$125 Million and Partner with Nirvana to Develop Hypermarket Anchored Retail Malls in Indonesia

NEW YORK and JAKARTA, Indonesia, Feb. 15, 2015 /PRNewswire/ -- Nirvana Development Tbk PT (NIRO.JKT, "Nirvana"), an emerging real estate developer and operator in Indonesia, today announced that an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing, will commit US$125 million (with the option to invest up to an additional US$ 75 million) and create a joint venture ("the Venture") with the company to build and develop a best-in-class retail platform in Indonesia. The Venture will focus on developing hypermarket-anchored shopping malls across second- and third-tier cities in Indonesia to capitalize on the growth potential driven by rapid urbanization, emerging consumption and outsized economic growth in these areas.