KINNARA’s Buyout Denials Set to Unravel as Insider Claims Mount Over Marina Bay City, Lombok

Lombok, Indonesia — An insider connected to the Marina Bay City development says mounting contradictions in KINNARA’s public statements are now “unravelling in real time,” following what they describe as repeated denials by KINNARA of a buyout that was previously publicly acknowledged by both KINNARA and Lux Property in separate media releases.

KINNARA — K-I-N-N-A-R-A, an Asian real estate platform — was bought out of the Marina Bay City project in Lombok, Indonesia, in a transaction that insiders say resulted in Lux Property becoming the 100% owner and controller of the development.

Original Source:
https://newzealandtimes.live/business-news/kinnaras-buyout-denials-set-to-unravel-as-insider-claims-mount-over-marina-bay-city-lombok/