You are here

NEWS ANALYSIS

Lippo's troubles spell credit risks for Reits, but OUE could benefit

S&P keeping its long-term B- rating and negative outlook on the stock; Meikarta could be 'too big to fail', it says

BT_20181026_LMXBRIBEFLXM_3600011.jpg
A building in the Meikarta project now being built in Indonesia's West Java. Its website describes it as a city with residential, commercial and green spaces - spread across 22 million sq m.

Singapore

THE Indonesian authorities' probe into alleged bribery linked to the Lippo Group's US$21 billion Meikarta property project near Jakarta is unlikely to have a significant impact on Riady-linked counters listed in Singapore, analysts say.

This is largely because of how the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes