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SUCCESSION
Politician in the Heart of Lippo

Wednesday, September 29, 2010

Theo Sambuaga becomes the new president of Lippo Group.

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AMID the crowd of guests who congratulated him, the elderly gentleman kept smiling and was always willing to pose for a group photo. There was no sign of exhaustion on the face of the Malang-born man who is pushing 81. Very often he responded to his guests’ jokes. He is Mochtar Riady, founder of the Lippo Group.

That particular Wednesday night last week was indeed a special day for Mochtar and his family. At the Bali Room, Hotel Indonesia Kem

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