Positive Sentiments Boost LPKR’s Image
PT Lippo Karawaci Tbk (LPKR) stock is reportedly entering Morgan Stanley Capital International (MSCI) index. The report is circulating in the stock market after the company underwent an index constituent review. The company also currently received an upgrade from S&P Global Ratings from CCC+ to B- with a stable outlook.
The news highlights the successful transformation initiated by John Riady as the new CEO of LPKR. On the other hand, the company’s decision to hold the right issue can also improve the company’s image as one of the most promising companies at the moment.