by: Tam Ging Wien
All examples and stocks quoted here in this article and on the TM and TM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.
Lippo Malls Indonesia Retail Trust (LippoMalls) announced in its 12-Mar public release that it will be acquiring Lippo Mall Puri, the retail component of the luxurious St. Moritz Jakarta Integrated Development project.
Located in West Jakarta, St. Moritz is a massive integrated project consisting of grade A office spaces, boutique lifestyle hotels, a private school, residential component, retail component and even and executive helipad!