Singapore's OUE to acquire 17.2% stake in Lippo's tech investment vehicle Multipolar

Singapore's OUE to acquire 17.2% stake in Lippo's tech investment vehicle Multipolar

OUE Downtown

Singapore-based property developer and investor OUE’s wholly-owned subsidiary is acquiring about a 17.2% stake in Lippo Group’s tech investment vehicle PT Multipolar Tbk for Rp1 trillion ($70 million) in a bid to tap into the country’s rapidly growing digital economy.

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