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Lippo Karawaci Tbk PT (LPKR.JK)

LPKR.JK on Jakarta Stock Exchange

280.00IDR
5:14am EDT
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Rp. -10.00 (-3.45%)
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Tue, Mar 12 2019

UPDATE 2-Indonesia's Lippo Karawaci to raise $1 bln in funding, names CEO

* Will get $730 mln from rights issue underwritten by Riady family

Indonesia's Lippo Karawaci to raise $1 bln in funding, appoints new CEO -statement

JAKARTA, March 12 Indonesian property developer Lippo Karawaci said in a statement on Monday it planned to raise $1 billion in new funding through a rights issue and the sale of assets, and had also appointed John Riady as its new chief executive.

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