Lippo | South China Morning Post
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Lippo plans South Korean resort venture with casino giant Caesars

The rapper Psy and his hit Gangnam Style is the latest example of the growing popularity of South Korean culture. Photo: Reuters

Lippo, the Hong Kong-listed investment group, plans to team up with joint venture partners including the American casino giant Caesars Entertainment to build a resort complex in South Korea.

Thursday, 24 January, 2013, 4:58am

Lippo budgets HK$10b for mainland holdings

Lippo, the Indonesian-backed Hong Kong-listed conglomerate, said yesterday it would invest up to HK$10 billion over the next three years to develop property and retail holdings in the mainland, while continuing to offload non-core assets.

17 Oct 2007 - 12:00am

Maxims faces suit over wedding turmoil

Disgruntled couples, including a TVB journalist and his fiancee, confronted a catering company in court yesterday for disrupting their wedding plans after one of its restaurants faced closure.

3 Jun 2006 - 12:00am

Speculative purchases buoy index

Indonesian shares closed slightly higher yesterday amid speculative play in Asuransi Lippo E-Net and Astra Graphia.

Other blue chips were mixed, particularly cigarette stocks, which were off their lows following the release of the government's new excise tax regime.

The Jakarta Composite Index finished 2.947 points higher at 591.679.

30 Mar 2000 - 12:00am

Lippo seals $54m deal

Lippo China Resources has struck a deal with the Government to pay a premium of about $54 million for a development project in Village Road, Happy Valley.

The company would build a residential tower that would have a car park and shopping complex, director Jonathan Foxall said.

9 Jul 1999 - 12:00am

Lack of fire escape foils Lippo Tower stake sale

A proposed sale of a $40.6 million stake in Lippo Tower was thwarted after the seller failed to provide an adequate means of escape from the building. Mexon Holdings intended to buy a share in Lippo Tower in May 1997, with the exclusive right to use a room on the 33rd floor. The purchase price was to be $40.6 million, and Mexon paid a deposit of $8.1 million to Silver Bay International.

3 Feb 1999 - 12:00am

Lippo stake purchased

Sun Hung Kai confirmed yesterday it was paying $500 million for a 49 per cent interest in Lippo Capital, which in turn owns a 49.85 per cent interest in locally listed Lippo Ltd. It said it believed the acquisition could derive synergies because its core businesses of financial services were very similar to that of Lippo.

9 Nov 1998 - 12:00am

Lippo Securities

The broking arm of HKCB Holding, Lippo Securities, has completed its staff rationalisation and cut its staff by 20 to 170 in the past six months, Lippo managing director John Lee Luen-wai said.

14 Aug 1998 - 12:00am

Jet Air prepares 'strong' defence against Lippo Securities writ

Jet Air International Group says it intends to vigorously defend itself against a writ filed last Thursday by Lippo Securities alleging the company had failed to settle margin calls amounting to about $4.97 million plus interest and costs. It said it was seeking legal advice but believed it had a very strong defence and intended to make a counter-claim against Lippo.

20 Jul 1998 - 12:00am

Lippo sues Jet-Air in $4.9m margin claim

Lippo Securities is suing a subsidiary of freight forwarder Jet Air International for nearly $5 million owed on a margin account.

According to a writ filed at the Court of First Instance, Lippo is claiming $4.9 million from Jet-Air (HK).

17 Jul 1998 - 12:00am

Lippo China sells units

Lippo China Resources (LCR) has sold four of 10 units on the 37th floor in Peregrine Tower, according to property agents. Prices ranged from $3,400 per square foot for a 304 sqft unit to $8,800 per square foot for a 792 sq ft unit.

8 Apr 1998 - 12:00am

Lippo paper

Lippo Ltd yesterday signed a US$120 million commercial paper programme, arranged by International Bank of Asia.

The company, part of the Indonesian-based Lippo Group, sees the programme as a sort of revival for the commercial paper market in Hong Kong, which has been almost non-existent since the Hong Kong Monetary Authority started issuing short-term notes.

1 May 1997 - 12:00am

Dressing down

As a member of the so-called 'tiresome women's-lib brigade', I take exception to Keith Marshall's (South China Morning Post, May 22) sarcastic suggestion that our 'squealing' about Lippo Securities' recent memo threatening to fine female employees for wearing trousers could be silenced by a similar ban on male staff wearing dresses.

28 May 1996 - 12:00am

HK scores poorly in sex ratings

While the Equal Opportunities Commission chief skirted around the issue, the Employment Ordinance was consulted on Lippo's rights to threaten a $300 fine for women staff who wore trousers. The upshot was that it was illegal, but a closer reading of the law showed perhaps they could have got away with it.

26 May 1996 - 12:00am

Glad policy abandoned

Surely Keith Marshall (South China Morning Post, May 22) must be joking.

To assert that the women and men ('the tiresome women's-lib brigade') who objected to Lippo Securities' sexist no-pants policy are simply 'squealing' over the latest 'excuse' is no doubt his tongue-in-cheek way of lampooning this Neanderthal policy and its supporters.

24 May 1996 - 12:00am