PT Pelita Sejahtera Abadi Tbk entered into a memorandum of understanding to acquire PT Minna Padi Resort from Eveline ListijoSuputro for IDR 19.8 billion on April 13, 2011. Eveline ListijoSuputro had 99% stake in PT Minna Padi Resort. The memorandum comprises feasibility studies, share consideration value and legal due diligence on PT Minna Padi Resort. PT Pelita Sejahtera Abadi Tbk cancelled the acquisition of PT Minna Padi Resort from Eveline ListijoSuputro on April 13, 2012.