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Lippo Malls Indonesia upbeat on outlook; Q2 DPU down

Saturday, August 9, 2014 - 06:00

Singapore LIPPO Malls Indonesia Retail Trust (LMIRT), which posted a 26.9 per cent year-on-year drop in second-quarter DPU to 0.68 Singapore cent, says the outlook for retail malls in Indonesia remains positive. The lacklustre second-quarter performance was a result of higher expenses and