LIPPO CHINA RES major shareholder signs share pledge
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LIPPO CHINA RES announced that its controlling shareholders Lippo Capital Limited and Skyscraper Realty Limited have entered into a share pledge, pledging approximately 673 million shares of the company, accounting for 73.21% of the total issued shares. The share pledge serves as collateral for a loan financing granted to the indirect controlling shareholder Lipo Limited, with the lender being Bank of China (Hong Kong) Limited
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