Lippo Group Chairman Mochtar Riady

Lippo Group Chairman Mochtar Riady

Tomohiro Ohsumi/Bloomberg

Mochtar Riady, chairman of Lippo Group, said that the rupiah’s decline this year will not affect the company's acquisition plans because the overseas deals will be handled by its Singapore company. OUE Ltd., previously known as Overseas Union Enterprise, is helmed by his son, Stephen.