by Amruth Sundarkumar | Jul 27, 2021 | Singapore Dollar Bonds
Lippo Malls Indonesia Retail Trust (LMIRT) reported its Distribution per Unit (DPU) at S$0.09, lowered by 18% YoY in their Q2 release. Overall, distributable income stood at S$4.74mn ($3.5mn) vs. negative $11.3mn ($8.3) sum last year. Gross revenues jumped 81% to...
by Amruth Sundarkumar | Jul 15, 2021 | High Yield Bonds, Southeast Asia
Lippo Malls Indonesia Retail Trust (LMIRT) has been downgraded to B+ from BB- with a negative outlook by Fitch Ratings as the LMIRT malls across Java, Bali and Medan have been forced to shut temporarily due to Covid-19 restrictions. Along with the Issuer Default...
by Amruth Sundarkumar | Jul 9, 2021 | Financial News
Indonesia’s integrated real estate company, Lippo Karawaci reported marketing sales of IDR 2.33tn ($160.2mn) in 1H2021, an increase of 122% YoY. The company also saw a 193% increase YoY in marketing sales in 2Q2021 to IDR 1.02tn ($70.1mn) from IDR 348bn...
