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Lippo Group

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Lippo Group
IDX: LPKR
IndustryConglomerate (Real estate, media, telecommunications, electronics, property, finance, health,education)
Founded1950; 74 years ago (1950)
Headquarters
Jakarta
,
Indonesia
Key people
Mochtar Riady, chairman
ServicesFinancial services, Commercial and residential property development
RevenueIncrease Rp 11,655 billion (Q2 2014)[1]
SubsidiariesLippo Village
Lippo Cikarang
Lippo Homes
Siloam Hospital
Lippo Malls
Berita Satu Media
Matahari Department Store
Cinemaxx
Bank National NOBU
Maxx Coffee
Websitewww.lippokarawaci.co.id

Lippo Group, (simplified Chinese: 力宝集团; traditional Chinese: 力寶集團; pinyin: Lì Bǎo Jítuán) is a real estate development company located in Indonesia. It is a public joint-stock company and is listed on the Indonesian Stock Exchange as IDX: LPKR. The company operates internationally providing property development and management services. founded by Mochtar Riady. Lippo has a collective presence across Asia and North America. Lippo Group is one of the largest real estate developers in Indonesia and is known for various large-scale projects such as Lippo Village.

Company history

Lippo Centre in Hong Kong

The Lippo Group began with Bank Lippo, later using this as a platform for regional property development projects. In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students.

Lippo Group controls in excess of $15 billion in assets with significant investments in retail, media, real estate, banking, natural resources, hospitality, and healthcare industries. The group's flagship operating platforms include OUE Singapore, Lippo Karawaci Indonesia, Hypermart, Matahari, Siloam Hospitals Indonesia, First REIT, LMIR REIT, Auric Pacific, and Lippo Incheon Development.

Company group

Former holdings

See also

References

  1. ^ "Annual Report 2014 - Lippo Karawaci Final 30 April 2015" Archived 21 August 2015 at the Wayback Machine. www.lippokarawaci.co.id.
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