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Lippo Malls Indonesia Retail Trust (LMIRT)
Corruption probe
Contagion fears from Lippo probe spread to Singaporean bonds
(Nov 26): An investigation into troubled Indonesian property developer PT Lippo Karawaci, controlled by Southeast Asia’s billionaire Riady family, is reverberating in the Singapore bond market.
November 26, 2018
In print this week
Smaller club this year, but with new entrants
SINGAPORE (Sept 21): There are quite a number of new entrants to The Edge Billion Dollar Club 2018 rankings this year, as more companies became eligible for scoring.
September 24, 2018
Broker's Calls
LMIRT kept at 'reduce' as it suffers drag from higher costs and taxes
SINGAPORE (May 7): CGS-CIMB Securities is maintaining its “reduce” call on Lippo Malls Indonesia Retail Trust (LMIRT) with a target price of 33 cents.
May 07, 2018
Results
LMIR Trust reports 24.7% fall in 1Q DPU to 0.67 cent on weakening rupiah, new tax
SINGAPORE (May 4): The manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) reported a 24.7% fall in DPU to 0.67 cent for 1Q18 ended March, compared to 0.89 cent a year ago.
May 04, 2018
Broker's Calls
LMIRT downgraded on higher tax expense, weaker rupiah
SINGAPORE (Apr 13): CIMB is downgrading Lippo Malls Indonesia Retail Trust (LMIRT) to “reduce” from “hold” with a lower target price of 33 cents.
April 13, 2018
Property
New tax regulations in Indonesia could impact LMIRT
SINGAPORE (Apr 12): Lippo Malls Indonesia Retail Trust (LMIRT) on Wednesday announced that the Indonesian government has passed certain amendments to the regulations regarding payment of income tax on income received or earned from land and/or building le
April 12, 2018
Results
Lippo Malls Indonesia Retail Trust reports 4Q DPU of 0.79 cent
SINGAPORE (Feb 13): The manager of Lippo Malls Indonesia Retail Trust (LMIRT) reported 4Q17 DPU fell 9.2% to 0.79 cent from 0.87 cent.
February 13, 2018
Results
Lippo Malls Indonesia Retail Trust's 3Q DPU remains steady at 0.86 cents
SINGAPORE (Nov 2): LMIRT Management, the manager of Lippo Malls Indonesia Retail Trust, announced that 3Q17 DPU held steady at 0.86 cents compared to 3Q16.
November 02, 2017
Property
Lippo Malls Indonesia Retail Trust to acquire 2 malls for $110 mil; First REIT snaps up hospital component
SINGAPORE (Oct 16): Lippo Malls Indonesia Retail Trust (LMIRT) is acquiring two malls from its sponsor for $110 million.
October 16, 2017
Results
Lippo Malls Indonesia Retail Trust posts 6.5% increase in 1H DPU to 1.79 cents
SINGAPORE (Aug 3): Lippo Malls Indonesia Retail Trust (LMIRT) has posted a 6.5% increase in 1H17 distribution per unit (DPU) of 1.79 cents compared to 1.68 cents in 1H16.
August 03, 2017