Lippo Malls Indonesia Retail Trust (LMIRT)

The outlook on all ratings from LMIRT has been changed to rating under review, from negative, says the manager of LMIRT, on September 3.

The figure represents a 3.47% discount to the average of the two updated independent valuations, without vendor support, and an even more attractive 9.47% discount when vendor support is taken into consideration.

The manager of Lippo Malls Indonesia Retail Trust (LMIRT) reported a distribution per unit (DPU) of 0.11 cent for 2Q20 ended June, which slumped 81.7% from the 0.60 cent reported a year ago.

The manager of Lippo Malls Indonesia Retail Trust (LMIRT) has announced Monday that it will be making the distribution payment according to the terms and conditions of the perpetual securities.

(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audience a few questions. It was to gauge the public’s reception to various

(Apr 26): The collapse of Singapore’s water treatment firm Hyflux has increased investor scrutiny over other debt-laden companies that have sold bonds in the local currency.

SINGAPORE (Apr 22): The manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) has announced distribution per unit (DPU) of 0.55 cent for the 1Q19 ended March, some 17.9% lower than DPU of 0.67 cent a year ago.

SINGAPORE (Apr 15): Although stresses at Lippo Karawaci have been alleviated, they remain in other parts of the group, which could put pressure on its Singapore-listed real estate investment trusts (REITs).

SINGAPORE (Mar 12): PT Lippo Karawaci Tbk, the Indonesian property developer controlled by the billionaire Riady family, has secured US$1.01 billion ($1.37 billion) to recapitalise the company.