Lippo Malls Indonesia Retail Trust Seeks Fresh Vote as Sponsor Ups Commitment to Rights Issue

Lippo Malls Indonesia Retail ( (SG:D5IU) ) has issued an announcement.

At an extraordinary general meeting held on 8 December 2025 in Singapore, Lippo Malls Indonesia Retail Trust informed unitholders that its sponsor, PT Lippo Karawaci Tbk, has strengthened its commitment to the planned rights issue by providing a new irrevocable undertaking. Under this revised commitment, the sponsor and its designated entities will fully subscribe to their allotted rights units and apply for up to an additional 4.3 billion excess rights units remaining unsubscribed after satisfying all excess applications, bringing their potential total subscription to about 95.18% of the rights issue and raising roughly S$60 million in gross proceeds. In light of these revised participation terms, the manager is seeking fresh unitholder approval for the rights issue and the related whitewash resolution, a move that underscores the sponsor’s support for the trust’s recapitalisation efforts and could have significant implications for capital structure, ownership concentration and future strategic flexibility.

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 assets in Indonesia. Managed by LMIRT Management Ltd. with Perpetual (Asia) Limited as trustee, the trust owns and invests in income-producing shopping malls and retail properties, providing investors with exposure to Indonesia’s consumer and retail real estate market.

Average Trading Volume: 7,509,762

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$133.6M

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