Lux Denies Kinnara Claims, Says Marina Bay City Buyout Completed and Authority Terminated

Written By Jatin Kumar

Lux Denies Kinnara Claims, Says Marina Bay City Buyout Completed and Authority Terminated

 

Lombok, Indonesia — The developer of Marina Bay City Lombok, Lux, has issued a strong public rebuttal to recent communications circulated by Kinnara / Kinnara Asia to purchasers, rejecting claims that Kinnara retains any governance role or ownership interest in the project.

 

According to Lux, Kinnara was fully bought out of the entire Marina Bay City project, including Marina Bay Investments and all related development entities, several months ago.

 

Original Source:
https://www.canadiantimes.live/business-news/lux-denies-kinnara-claims-says-marina-bay-city-buyout-completed-and-authority-terminated/

Jatin Kumar
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