Citra Swarna Group (CSG), through its subsidiary, PT Bumi Arta Sedayu, has acquired a four-star hotel in Palembang, South Sumatra from PT Bank QNB Indonesia Tbk with the acquisition value of Rp51 billion. This acquisition is aimed to obtain new potential from out of Jakarta, Karawang, Bogor and Serang. CSG’s business expansion is also expected to strengthen the growth of its recurring income basis and the company’s cash flow in the coming years as well as to drive the activities in the property marketing sector.