Lippo Group

Regional countries eye share of booming gaming industry

Booming gaming industry attracts nations

Investment group Lippo announced last week plans to build a hotel complex in South Korea with casino floors, reflecting the desire of countries in the region to grab a share of Asia's fast-growing gaming industry.

Friday, 1 February, 2013, 5:23am

Astro tycoon Ananda Krishnan wins US$250m compensation in Singapore High Court

Malaysian tycoon Ananda Krishnan. Photo: AFP

Singapore's High Court has awarded Malaysian tycoon Ananda Krishnan's Astro group US$250 million in compensation for a failed joint venture with his Indonesian former business partner James Riady.

24 Oct 2012 - 2:59am

Events

Tomorrow: British Chamber of Commerce breakfast: 'Hong Kong's anti-money laundering and counter-terrorist financing ordinance - ask not for whom the bell tolls'. Hong Kong Club.

Wednesday, July 4: Canadian Chamber of Commerce lunch: 'Business in motion'. Kinwick Centre.

27 Jun 2012 - 12:00am

Events

Tuesday, February 21: German Chamber of Commerce lunch: 'Tax, legal and social insurance consideration for foreigners working in China'. Lippo Centre.

Hong Kong Securities Institute breakfast: 'Anti-money laundering: Recent developments'. Bankers Club.

French Chamber of Commerce event: 'Building an SME finance function'.

18 Feb 2012 - 12:00am

Events

Today: British Chamber of Commerce breakfast: 'Global infrastructure themes: Moving from an engineering procurement and construction model to an integrated investment model'. Hong Kong Club.

British Chamber of Commerce lunch: 'Confidence in speech making'. British Consulate-General.

17 Feb 2012 - 12:00am

Results

Today 1st Quarter: Inspur International

17 Apr 2008 - 12:00am

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

CK Life eyes Indonesia

Li Ka-shing's foray into biotechnology - CK Life Sciences International (Holdings) - plans to ship its NutriSmart eco-fertiliser to Indonesia in an attempt to grab a piece of the HK$4 million market there.

7 Oct 2002 - 12:00am

Tribunal challenged

A 'woefully' designed ordinance allowed the Insider Dealing Tribunal to breach principles of fairness and draw people into an inquiry midway through proceedings, the Court of First Instance heard yesterday. Gerard McCoy, SC, counsel for Lippo Group deputy chairman Tjondro Stephen Riady, told the court the ordinance outlining the tribunal's jurisdiction lacked clarity and was badly designed.

9 May 2002 - 12:00am

HK bank linked to Clinton cash

A Hong Kong bank partly owned by the mainland Government has been named as the key siphon for illegal donations that helped Bill Clinton become US president.

The involvement of the Hong Kong Chinese Bank emerged after Indonesian billionaire James Riady pleaded guilty in the Los Angeles Federal Court this week to US campaign finance violations.

22 Mar 2001 - 12:00am

Sitting target for unfriendly security guards

What exactly do Hong Kong institutions have against people sitting down? Thor May brings up a very good point in 'Seats Please' (South China Morning Post, August 3).

I often wonder why Hong Kong business and government institutions aren't more 'people friendly'.

10 Aug 1999 - 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

CRE awaits HKCB buyout approval

China Resources Enterprise (CRE) has yet to receive the necessary approval from the People's Bank of China and the Hong Kong Monetary Authority to enable it to proceed with its proposed general offer for all shares in HKCB Bank Holdings.

23 Sep 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

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