Avillion subsidiary PT Avillion Indonesia disputes claims over Bali's Villa Cinta

Bitget2026/10/30 04:58

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Avillion's 99%-owned indirect subsidiary PT Avillion Indonesia disputed Shirley Winarso's Villa Cinta claims on October 29, 2026.
Winarso alleges the Bali property's lease expired January 15, 2026, without renewal, leaving outstanding rent and other obligations.
Proposed loan principal deductions total IDR 9 billion: approximately IDR 4.89 billion in provisional claims and IDR 4.11 billion in repayment discounts.
Villa Cinta's net book value was approximately RM 11.2 million as of March 31, 2026; the claim's financial impact remains uncertain.
No proceedings had commenced as of October 30, 2026; no provision was recognized, with the board expecting no material financial or operational impact.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avillion Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720579) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Avillion subsidiary PT Avillion Indonesia disputes claims over Bali's Villa Cinta

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