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Lippo Karawaci Tbk PT (LPKR.JK)

LPKR.JK on Jakarta Stock Exchange

278.00IDR
4:07am EDT
Change (% chg)

Rp. -12.00 (-4.14%)
Prev Close
Rp. 290.00
Open
Rp. 292.00
Day's High
Rp. 294.00
Day's Low
Rp. 274.00
Volume
68,723,100
Avg. Vol
107,720,952
52-wk High
Rp. 328.54
52-wk Low
Rp. 187.28

Latest Key Developments (Source: Significant Developments)

BRIEF-Lippo Karawaci to try to secure $1 bln in funding, appoints new leadership - statement
Monday, 11 Mar 2019 10:38pm EDT 

correct to say 'aims to secure, not 'secures' in first bullet:LIPPO TO AIM TO SECURE $1 BILLION IN FUNDING, APPOINTS NEW LEADERSHIP-STATEMENT.FUNDING WILL CONSIST OF $730 MILLION RIGHTS ISSUE UNDERWRITTEN BY RIADY FAMILY & $280 MILLION PROCEEDS FROM ASSET DIVESTMENT PLANS.RIGHTS ISSUE SUBJECT TO APPROVAL AT AGMS IN APRIL 2019.JOHN RIADY TO BECOME NEW CEO.GEORGE RAYMOND ZAGE III AND CHOW TAI FOOK NOMINEE LIMITED TO TO PURCHASE RIGHTS AND SUBSCRIBE TO THE RIGHTS ISSUE SHARES FOR TOTAL COMMITMENT OF $70M .FUNDS TO BE USED FOR PARTIAL REPAYMENT OF DEBT OBLIGATIONS .FUNDS TO ALSO BE USED AS LIQUIDITY BUFFER FOR INTEREST AND REIT RENTAL OBLIGATIONS.BUSINESS STRATEGY TO FOCUS ON URBAN HOUSING, LIFESTYLE MALLS, AND HEALTHCARE.  Full Article

Lippo Karawaci secures $1 bln in funding, appoints new leadership - statement
Monday, 11 Mar 2019 09:45pm EDT 

March 12 (Reuters) - Lippo Malls Indonesia Retail Trust ::LIPPO SECURES $1 BILLION IN FUNDING, APPOINTS NEW LEADERSHIP-STATEMENT.FUNDING CONSISTS OF $730 MILLION RIGHTS ISSUE UNDERWRITTEN BY RIADY FAMILY & $280 MILLION PROCEEDS FROM ASSET DIVESTMENT PLANS.JOHN RIADY TO BECOME CEO.GEORGE RAYMOND ZAGE III AND CHOW TAI FOOK NOMINEE LIMITED TO TO PURCHASE RIGHTS AND SUBSCRIBE TO THE RIGHTS ISSUE SHARES FOR TOTAL COMMITMENT OF $70M .FUNDS TO BE USED FOR PARTIAL REPAYMENT OF DEBT OBLIGATIONS .FUNDS TO ALSO BE USED AS LIQUIDITY BUFFER FOR INTEREST AND REIT RENTAL OBLIGATIONS.BUSINESS STRATEGY TO FOCUS ON URBAN HOUSING, LIFESTYLE MALLS, AND HEALTHCARE.  Full Article

Lippo Malls Indonesia Retail Trust Sold 157.3 Mln Units In LMIR Trust At S$0.21 Per Unit
Thursday, 17 Jan 2019 05:52am EST 

Jan 17 (Reuters) - Lippo Malls Indonesia Retail Trust ::SOLD 157.3 MILLION UNITS IN LMIR TRUST TO BRIDGEWATER INTERNATIONAL AT PRICE OF S$0.21 PER UNIT.  Full Article

Indonesia's Lippo Karawaci Jan-June profit jumped to 1.15 trillion rupiah
Wednesday, 24 Oct 2018 02:36am EDT 

Oct 24 (Reuters) - Indonesian property company PT Lippo Karawaci Tbk ::FIRST-HALF NET INCOME AT 1.15 TRILLION RUPIAH ($75.78 million) VERSUS 487 BILLION RUPIAH A YEAR EARLIER.  Full Article

Indonesian property firm Lippo Karawaci H1 profit down 2 pct
Sunday, 8 Oct 2017 09:52pm EDT 

Oct 9 (Reuters) - Indonesian property developer PT Lippo Karawaci Tbk said in a stock exchange filing::First-half net profit 487.3 billion rupiah ($36.1 million) versus 497.8 billion rupiah a year ago.  Full Article