{
    "success": true,
    "data": {
        "id": 1060699,
        "msgid": "lippo-life-raises-capital-1447893297",
        "date": "1996-04-06 00:00:00",
        "title": "Lippo Life raises capital",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "Lippo Life raises capital JAKARTA (JP): PT Lippo Life, an insurance arm of the Lippo Group, announced that it has received approval from the Ministry of Justice to raise its authorized capital from Rp 60 billion (US$25.6 million) to Rp 240 billion. The company said in a statement Thursday that it will also increase its paid-up capital from Rp 48 billion to Rp 96 billion by issuing one-for-one bonus shares in May.",
        "content": "<p>Lippo Life raises capital<\/p>\n<p>JAKARTA (JP): PT Lippo Life, an insurance arm of the Lippo<br>\nGroup, announced that it has received approval from the Ministry<br>\nof Justice to raise its authorized capital from Rp 60 billion<br>\n(US$25.6 million) to Rp 240 billion.<\/p>\n<p>The company said in a statement Thursday that it will also<br>\nincrease its paid-up capital from Rp 48 billion to Rp 96 billion<br>\nby issuing one-for-one bonus shares in May.<\/p>\n<p>Before issuing bonus shares, the company will split its stocks<br>\nby halving their nominal value from Rp 100 to Rp 500 on April 25.<\/p>\n<p>Last year, Lippo Life booked Rp 17 billion in net profits,<br>\nwhich indicated a 67 percent increase.<\/p>\n<p>The company's unaudited financial report shows that its<br>\nrevenues rose by 52 percent to Rp 447 billion last year. (08)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/lippo-life-raises-capital-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}