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Lippo Malls Indonesia Retail ( (SG:D5IU) ) just unveiled an update.
Lippo Malls Indonesia Retail Trust has announced that it will not pay the scheduled distribution for its S$140,000,000 Perpetual Securities due on 27 March 2025. This decision activates dividend stopper provisions, restricting the trust from making any distributions or payments on its units or other securities until certain conditions are met, potentially impacting investor returns and financial strategies.
More about Lippo Malls Indonesia Retail
Lippo Malls Indonesia Retail Trust operates in the retail real estate industry, focusing on managing and developing retail mall properties in Indonesia. The company is structured as a trust and is managed by LMIRT Management Ltd.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $86.66M
For a thorough assessment of D5IU stock, go to TipRanks’ Stock Analysis page.