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View all search resultsLippo-group
Business 7 years ago
Lippo Karawaci's alleged bribery is credit negative: Moody’s
Moody’s Investors Service has said a bribery allegation relating to the issuance of property permits for the Meikarta project is credit negative for Lippo Karawaci because it highlights the company's corporate governance challenges and potential reputational damage that will hurt both investor and consumer confidence.
National 7 years ago
Meikarta graft case: KPK searches residence of Lippo Group CEO James Riady
The Corruption Eradication Commission (KPK) on Thursday morning conducted a search at the home of Lippo Group CEO James Riady, in connection with its investigation into the alleged graft surrounding the issuance of permits for the diversified conglomerate's Meikarta flagship project.
Business 7 years ago
Lippo Group's shares drop following reports on bribery case
In the first trading session at the Indonesia Stock Exchange (IDX) on Tuesday, the shares of four companies under the Lippo Group dropped into the red zone, following a high-profile bribery case concerning the issuance of property permits for the modern city of Meikarta.
Business 7 years ago
Lippo Group to develop healthcare, education center in Meikarta
Diversified conglomerate Lippo Group on Wednesday signed 10 memorandums of understanding (MoUs) to open the way for it to develop an education, health and technology research center in the Meikarta township project in Bekasi, West Java.
