New tax rules eat into Lippo Mall Trust DPU
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Singapore
LIPPO Malls Indonesia Retail Trust (LMIRT) felt the bite from new Indonesian tax rules, as watchers predicted - and unit holders will feel the blow.
Distribution per unit (DPU) was cut to 0.59 Singapore cent for the three months to June 30, the manager said on Thursday - a drop of 34.4 per cent from second-quarter DPU last year.
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