While Others Celebrate Christmas, Kinnara’s CEO Escalates a Bitter Campaign Against Lux Property

As families across Australia and Indonesia slow down for Christmas, one party has not. Kinnara, the Asian real-estate platform led by Adrian Campbell, has spent the holiday period pursuing what Lux Property describes as an increasingly hostile and destructive campaign—despite having been bought out months earlier and receiving millions of dollars under that agreement.

According to Lux and multiple investor sources, Kinnara was fully exited from the Marina Bay City, Lombok project under a negotiated buyout. Since then, however, Kinnara has publicly denied the buyout, refused to transfer agreed assets, and intensified attacks aimed at undermining Lux’s operations and reputation.

A campaign of denial and disruption

Lux alleges that Kinnara’s conduct over recent weeks has gone beyond commercial dispute into a pattern of harassment and attempted sabotage. These claims include efforts to block permits, interfere with staff, and publish material that Lux says is defamatory and misleading. Lux further alleges that intermediaries have been engaged to pressure officials—claims Kinnara denies. Lux says it has formally raised these matters with legal counsel and relevant authorities.

What has alarmed investors most is the timing and intensity of the campaign. “This has escalated while most of the industry is closed for Christmas,” one investor said, “which makes it feel calculated.”

Original Source:
https://businessrevieweurope.news/while-others-celebrate-christmas-kinnaras-ceo-escalates-a-bitter-campaign-against-lux-property/