Lippo Karawaci unveils US$1b funding plan, new management team

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INDONESIAN real estate developer Lippo Karawaci (LPKR) has secured US$1.01 billion in funding via a rights issue and asset divestments which will be used partly to pare debt, while putting in place a new management team under a broader transformation programme. Read more at The Business Times.

Indonesia real estate developer Lippo Karawaci has secured US$1.01 billion in funding via a rights issue and asset divestments which will be used partly to pare debt, while putting in place a new management team under a broader transformation programme.

INDONESIAN real estate developer Lippo Karawaci has secured US$1.01 billion in funding via a rights issue and asset divestments which will be used partly to pare debt, while putting in place a new management team under a broader transformation programme.

 

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LMIRT to buy retail mall in West Jakarta for 3.7t rupiahLIPPO Malls Indonesia Retail Trust (LMIRT) is looking to acquire Lippo Mall Puri in West Jakarta for 3.70 trillion rupiah (S$354.7 million), financed with a combination of debt and equity financing, the Reit's (real estate investment trust) manager said in a regulatory filing. Read more at The Business Times.
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