You are here

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

Funds will be used partly to pare debt under a broader transformation programme

lwx_indo_130319_9.jpg
Indonesia 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.

Singapore

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.

LPKR has...

sentifi.com

Market voices on: