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Warburg Pincus-backed NWP buys Lippo Malls

SINGAPORE: NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend US$123.5mil (RM505.19mil) buying five Lippo shopping malls in Indonesia.

Foreclosures on the rise

BANKS with large exposure to housing loans may have a problem as a result of the way properties were priced, marketed and sold the last several years, industry sources say.

Indonesia billionaire’s builder joins top Asia junk bonds

A BUILDER controlled by Indonesia’s billionaire Riady family has rebounded from the depths of distress to become one of the best performers in the Asia junk dollar bond market.

Indonesia billionaire's builder joins top Asia junk bonds

HONG KONG: A builder controlled by Indonesia’s billionaire Riady family has rebounded from the depths of distress to become one of the best performers in the Asia junk dollar bond market.

After Hyflux’s fall, S’pore debt buyers are scrutinising these firms

The collapse of Singapore’s water treatment firm Hyflux Ltd has increased investor scrutiny over other debt-laden companies that have sold bonds in the local currency.