After being hit with the criminal investigations implicating several of its affiliated companies, and the termination of the license for the utilization of 2.3 GHz frequency held by PT First Media Tbk (KBLV) and its subsidiary PT Intenux, one would think that things wouldn’t get any worse for the Lippo group, but it did. By the end of December 2018, several customers of PT Satyagraha Dinamika Unggul (developer of Holland Village and subsidiary of PT Lippo Karawaci Tbk (LPKR)) filed four separate lawsuits against the Company.
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