Lippo China Resources Limited (Lippo C RES-NEW) announced that controlling shareholders Lippo Capital Limited and its wholly owned unit, Skyscraper Realty Limited, have fully released the share charges they granted to Bank of China (Hong Kong) Limited.
Key details:
• Charge release date: 27 May 2026. • Purpose of original charge: collateral for a loan facility extended by Bank of China (Hong Kong) to Lippo Limited, an indirect controlling shareholder. • Shares involved: – Lippo Capital holds 227.43 million shares. – Skyscraper Realty holds 445.13 million shares. • Combined holding: 672.56 million shares, representing approximately 73.2 % of Lippo China Resources’ total issued share capital. • Post-release status: None of the shares held by Lippo Capital or Skyscraper Realty remain pledged.
The announcement removes encumbrances on the majority shareholding of Lippo China Resources, restoring full flexibility over 73.2 % of the company’s shares previously pledged as security for the related loan facility.
The board comprises nine directors, chaired by Dr. Stephen Riady, with Davy Kwok Fai Lee serving as Chief Executive Officer.
Date of announcement: 27 May 2026.