PT Lippo Karawaci Tbk

PT Lippo Karawaci Tbk, together with its subsidiaries, provides property development services in Indonesia. It operates in three segments: Real Estate Development, Real Estate Management & Services, and Fund Management/Investments. The Real Estate Development segment is involved in the real estate activities, including urban development; development of facilities and its infrastructure; large scale integrated and infrastructure development projects, such as residential condominiums, commercial and entertainment areas, office space, and healthcare and education facilities; food business; and other investments. The Real Estate Management & Services segment develops and manages shopping center; operates hotels, recreation centers, and restaurants; provides health, town management, and water and sewage treatment services; and offers transportation and maintenance services. The Fund Management/Investments segment provides management services. The company provides financial, professional, scientific, and technical services; construction, transportation, trading, water management and treatment, wastewater management, waste management and recycling, parking, remediation, employment, and other supporting services, as well as hospital, clinic, health center, polyclinic, and other related services. In addition, it engages in investment, development, printing, agriculture, gardening, workshop, pharmaceutical wholesale, mining, computer programming, other management consulting, hotel management, township development, asset management, home care, and air installation activities. As of December 31, 2021, it operated 40 hospitals; 59 malls, including 49 leased and 10 strata-titled malls; and 10 hotels. The company was formerly known as PT Tunggal Reksakencana. PT Lippo Karawaci Tbk was founded in 1990 and is headquartered in Tangerang, Indonesia.