(7/21/2003)
Bali Adventure Tours have issued a formal statement announcing a "satisfactory settlement" in the protracted and often acrimonious ownership dispute over the PT Taman Burung Citra Bali International owners and operators of the Bali Bird Park.
Nigel and Yanie Mason, the owners of Bali Adventure Tours have issued a written notice stating they had reached an agreement "that meets all their requirements" and permits them to withdraw completely from the Board of Directors and Management of the Park.
Effective immediately, Bali Adventure Tours has announced the termination of all contracts for and on behalf of the Bali Bird Park and end all marketing representation for the facility.
The formal statement underlines that "no animosity or arguments remain between Mr. Zainal Tayeb and Mr. Nigel Mason" bringing a seeming end to a highly visible public altercation between the two that included, at its height, full page newspaper statements and public demonstrations. Moreover, the statement depicts last year's very public dispute as "unfortunate" and "caused by the actions of other persons who had ulterior motives.
The statement by Bali Adventure Tours closed by wishing Mr. Thayeb and PT Taman Burung Citra Bali International future success.
Terms of the settlement were not disclosed and apparently a rival adventure company, Sobek, form part of the new management structure.
© Bali
Discovery Tours. Articles may be quoted and reproduced
if attributed to http://www.balidiscovery.com.
