Marina Bay City, Lombok, Indonesia — Lux Property Projects has confirmed it will not build a single villa for any Kinnara (K-I-N-N-A-R-A) client until Kinnara fully complies with its obligations under the Marina Bay City buyout agreement, including payment of construction funds, transfer of digital assets, execution of overdue share transfers, and rectification of other material breaches.

Lux emphasized that its obligations are clear: it will only build villas it has been paid to build. Any funds being withheld by Kinnara that were collected from clients for construction must be transferred to Lux before any villas can proceed.

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