LMIR Trust: Unable to ascertain full financial impact of pandemic-related mall closures
LMIR Trust said Monday given the uncertainty over Indonesia’s pandemic restrictions, it’s difficult to estimate the full impact on the trust.
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Lippo Malls Indonesia Retail Trust reports 3Q19 net property income climbed 12 percent
Lippo Malls Indonesia Retail Trust reported Thursday its 3Q19 net property income increased 11.8 percent on-year to S$44.12 million on a stronger rupiah.
UPDATE: Singapore stocks to watch Tuesday: Temasek, Keppel, SembMarine, Mapletree Logistics, OCBC, Singtel
These are companies which may be in focus in Singapore on Tuesday, 22 October 2019: Temasek, Keppel, SembMarine, ST Engineering, OCBC, Singtel and CapitaLand Mall Trust.
LMIR Trust reports 2Q19 net property income rose 2 percent amid positive rental reversions
Lippo Malls Indonesia Retail Trust reported Thursday its 2Q19 net property income rose 1.9% on-year to S$43.97M on cost-management initiatives and positive rental reversions.
LMIR Trust prices US$250 million five-year bond offering
LMIR Trust said Thursday it priced a US$250M five-year bond offering at 7.25%, in Asia’s first U.S. dollar high-yield bond issued by a REIT.
UPDATE: LMIR Trust assigned credit ratings by Moody’s and Fitch
Lippo Malls Indonesia Retail Trust said Monday that both Moody’s Investors Service and Fitch Ratings Singapore had assigned credit ratings to the trust.
LMIR Trust’s manager taps new CEO as Gouw Vi Ven steps down
The manager of LMIRT said Tuesday it tapped Liew Chee Seng James as its new CEO, with current CEO Gouw Vi Ven to step down, effective 1 May.
LMIR Trust reports 1Q19 net property income dropped nearly 8 percent
LMIR Trust reported Monday its 1Q19 net property income dropped 7.8 percent on-year to S$40.51 million amid lower rental income and the weaker rupiah.
UPDATE: Singapore stocks to watch Tuesday: LMIR Trust, SATS, Wilmar, Hyflux, Accordia Golf
These are Singapore companies which may be in focus on Tuesday, 12 March 2019: SATS, Wilmar, Hyflux, Reclaims Global and Accordia Golf Trust.
LMIR Trust plans to acquire West Jakarta mall for around S$355 million
Lippo Malls Indonesia Retail Trust said Tuesday it plans to acquire a West Jakarta retail mall, Lippo Mall Puri, for 3.70T rupiah, or around S$354.7M.
UPDATE: Singapore stocks to watch Monday: CapitaLand, Venture, Halcyon Agri, Chip Eng Seng
These are Singapore companies which may be in focus on Monday, 25 February 2019: Venture, Halcyon Agri and Chip Eng Seng.
LMIR Trust reports 4Q18 net property income fell as rupiah weakens
Lippo Malls Indonesia Retail Trust reported Friday 4Q18 net property income fell 14.5% on-year as the rupiah weakened and on lower contributions from seven retail spaces.