Lippo Group

SINGAPORE (Mar 17): OUE, the property group controlled by Stephen Riady, has acquired a 49.7% stake in Superfood Retail for $7.53 million.

SINGAPORE (Mar 13): Indonesia’s Lippo Group sees no “more hiccups” in its flagship US$18 billion ($24.4 billion) township project near Jakarta as a new fundraising plan helps alleviate liquidity concerns.

SINGAPORE (Mar 12): PT Lippo Karawaci Tbk, the Indonesian property developer controlled by the billionaire Riady family, has secured US$1.01 billion ($1.37 billion) to recapitalise the company.

(Oct 18): The arrest of a senior executive at Lippo Group, one of Indonesia’s leading business conglomerates, has thrown into doubt the future of a major development project touted as the “Shenzen of Indonesia.”

JAKARTA (Reuters): Indonesia’s anti-corruption agency has arrested nine people, including a top district government official and a company director, in a bribery investigation linked to the Lippo Group’s US$21 billion ($29 billion) Meikarta real estat

SINGAPORE (Feb 20): Kaiser Union -- a takeover vehicle formed by units of hedge fund Argyle Street Management and property group Lippo -- will not be entitled to compulsorily acquire all the shares from shareholders of TIH who have not accepted the offer.

SINGAPORE (April 21): Shareholders of Healthway Medical Corporation will vote on two resolutions in an extraordinary general meeting today.

SINGAPORE (March 28): Gentle Care, the entity linked to Indonesia’s Lippo Group, is extending the closing date for its takeover offer of Healthway Medical Corporation to 5.30pm on May 2, 2017 after it expired at 5.30pm on Tuesday.

December (Dec 12): Honda Motor Co., the world’s largest motorcycle maker, has become a strategic investor in Grab as part of a partnership to expand the startup’s bike-hailing operations in Southeast Asia.

SINGAPORE (Oct 7): Indonesian billionaire Mochtar Riady is seeking to rebuild his banking empire almost 20 years after the Asian financial crisis prompted him to back away and focus on real estate.