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The proceeds of the sale will be used to spend on projects in Indonesia, Lippo Karawaci spokesman Danang Kemayan Jati said in an e-mailed statement today.
"We reevaluated (the purchase) and decided that it's better to concentrate on property projects in Indonesia," said spokesman Danang Kemayan Jati.
Corporate Communications. Danang Kemayan Jati Head of Corporate Communications PT Lippo Karawaci Tbk. Email: Danang[email protected] HP: +628557801299
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