Lippo consortium in talks with Korean authorities over IR

In an announcement to The Stock Exchange of Hong Kong on Monday, Lippo Group, a joint venture partner with Caesar’s Entertainment in a consortium that recently lost a bid for building an integrated resort in Incheon, stated that the consortium was in discussions with the relevant Korean authorities.  The talks 

are aimed at resolving the issues cited as reasons why the original bid was rejected which, if successfully resolved, would result in the consortium submitting a new application to the Ministry of Culture, Sports and Tourism of the Republic of Korea.  Lippo Group will report on any new developments as they happen.