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.

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.

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.

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.

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.

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

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.

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.

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.

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.
×