Shares of property development company PT Nirvana Development (NIRO) Tbk declined by 2.6% to Rp75 today. That means the stock already lost 67% from March 2015, one month after investors learned about Warburg Pincus’ investments in PT Nirvana Wastu Pratama, subsidiary of NIRO specializing in the development of retail malls.To subscribe please click here
