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BRIEF-Lippo updates on termination of land supply agreement
September 11, 2017 / 2:06 PM / 2 months ago

BRIEF-Lippo updates on termination of land supply agreement

Sept 11 (Reuters) - Lippo Ltd

* Update on development in Midan City, Incheon, Republic of Korea

* Midan City Development Co was not able to agree with IDTC on terms of refinancing of loan of MCDC in amount of 337.2 bln won

* Following the LSA termination, MCDC loses rights to acquire tract of land located in Korea Source text for Eikon: Further company coverage:

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