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Indonesian island auction to go ahead despite concerns over permits

Shares of a private company with the rights to develop tourism facilities inside a marine reserve in Indonesia have reappeared for auction later this month despite the government’s plan to annul a key agreement with the firm. Developer PT Leadership Islands Indonesia (LII) is putting up its shares for bidding via…

Indonesian island auction to go ahead despite concerns over permits

JAKARTA Shares of a private company with the rights to develop tourism facilities inside a marine reserve in Indonesia have reappeared for auction later this month despite the government’s plan to annul a key agreement with the firm. Developer PT Leadership Islands Indonesia (LII) is putting up its shares for bidding via Sotheby’s Concierge […]

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