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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

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.


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...

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