SUBSCRIBERS
OCBC, CIMB downgrade LMIRT on new Indonesian tax rules
Published Fri, Apr 13, 2018 · 09:50 PM
Singapore
ANALYSTS at OCBC Investment Research and CGS-CIMB have downgraded their call on Lippo Malls Indonesia Retail Trust (LMIRT).
OCBC downgraded the Reit to "sell" from "hold" with a lower fair value of S$0.31, a 23.5 per cent decrease from the previously assessed fair value of S$0.405.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Reits & Property
Paragon Reit posts 3% rise in Q1 gross revenue to S$73.8 million
GuocoLand taps X factor to help tenants pull workers to offices amid hybrid work
ARA H-Trust Q1 net property income up marginally to US$6.4 million
Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct
Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income
Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067