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LMIRT unitholders question size, timing of Lippo Mall Puri acquisition

The trust is proposing to buy the strata title units of the mall, from Lippo Karawaci, for approximately S$336.5m

Singapore

UNITHOLDERS of Lippo Malls Indonesia Retail Trust (LMIRT) on Wednesday night grilled the real estate investment trust (Reit)'s manager over the pricing and timing of a proposed asset purchase. At a virtual dialogue organised by the Securities Investors Association (Singapore) (...

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