MAKASSAR (Yosefardi) – Property developer PT Lippo Karawaci Tbk (LPKR) had on Monday (Nov 11) launched its world class mixed used development project, St. Moritz Makassar which costs Rp3.5 trillion.
The project covers 2.7 hectares land area at Boulevard street, Panakukang, Makassar. This project is designed by DP Architechs (Singapore) with 12 in 1 integrated components such as tower, hotel, mall, hospital, and school.
LPKR currently has market capitalization of Rp24.5 trillion, equivalent US$2.1 billion. It plans to distribute final dividend of Rp270 billion for 2012 fiscal year, to shareholders recorded at December 4, 2013. The payment is scheduled for December 18, 2013.