Posts Tagged ‘Lippo’
First Reit extends lease for Siloam Hospitals Lippo Cikarang for ‘revenue stability’
Manager believes it is prudent to continue to have in place a short-term lease in line with market terms while its strategic review continues [SINGAPORE] First Real Estate Investment Trust (Reit) has extended the lease of Siloam Hospitals Lippo Cikarang (SHLC) on a short-term basis of six months, its manager announced on Monday (Oct 27)…
Read MoreUOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
[SINGAPORE] UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck Lim and Ms Aurellia Ho, in a long-running civil suit that began in 2014. The High Court’s assessment of the damages dated Jun 30, 2025, follows a key ruling by the Appellate Division…
Read MoreOUE Reit divests entire stake in Shanghai property owned by Indonesia’s Lippo Group
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and operates an office building in Shanghai, to an unrelated entity for 1.9 billion yuan (S$357.4 million), said its manager in a bourse filing on Friday (Dec 20). Both the seller and…
Read MoreStocks to watch: Singtel, SIA, China Everbright Water, Lippo Malls Indonesia Retail Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 14): Singtel: Amid reports that it was intending to sell Optus for A$16 billion (S$14.1 billion), the telco on Wednesday clarified that there was no “impending deal” to offload Optus, contrary… Source link
Read MoreLippo Malls Indonesia Retail Trust not paying distribution on S$140m perp
LIPPO Malls Indonesia Retail Trust (LMIRT) will not pay distribution on its S$140 million tranche of 7 per cent perpetual securities on Mar 27, the manager for the trust said in a regulatory filing on Wednesday (Mar 13). LMIRT Management said Perpetual (Asia), in its capacity as trustee for LMIRT, has decided against paying distribution…
Read MoreLippo unit under police probe over alleged fraud in case involving UOB loans
LIPPO Group is currently awaiting a court verdict on the amount of damages it has to pay UOB after a long legal battle which started in 2014, and the Indonesian company’s woes may not be over. The police are believed to be investigating the group’s subsidiary – Lippo Marina Collection (LMC) – over alleged fraud…
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