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Lippo Malls Indonesia Retail ( (SG:D5IU) ) has shared an announcement.
Lippo Malls Indonesia Retail Trust has completed the issuance of 9,005,267,676 new units through a renounceable and non-underwritten rights issue, increasing its total units on issue to 16,702,077,655. The newly issued units rank pari passu with existing units, including entitlement to past and future distributions, and have commenced trading on the Main Board of the Singapore Exchange, signalling a successful capital-raising exercise that bolsters the trust’s equity base and potentially enhances liquidity for unitholders.
The most recent analyst rating on (SG:D5IU) stock is a Hold with a S$0.02 price target. To see the full list of analyst forecasts on Lippo Malls Indonesia Retail stock, see the SG:D5IU Stock Forecast page.
More about Lippo Malls Indonesia Retail
Lippo Malls Indonesia Retail Trust (LMIR Trust) is a Singapore-listed real estate investment trust focused on retail properties in Indonesia, owning and managing a portfolio of shopping malls and retail assets that cater to the Indonesian consumer market. The trust is managed by LMIRT Management Ltd., which oversees its asset management and capital-raising activities to support operations and growth within the Indonesian retail real estate sector.
Average Trading Volume: 9,394,096
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$133.6M
See more data about D5IU stock on TipRanks’ Stock Analysis page.