Indonesia: LMIR Trust to acquire Lippo Mall Kuta for $59.8m

Indonesia: LMIR Trust to acquire Lippo Mall Kuta for $59.8m

Visual from the company website

The manager of Lippo Malls Indonesia Retail Trust (LMIRT) has agreed to purchase 69.59 per cent shares of Lippo Mall Kuta for Rp 800 billion ($59.8 million). The acquisition plan had been approved in an extraordinary general meeting recently.

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