Brief: Lippo Malls Indonesia Retail Trust Temporarily Closes All Malls Except Essential Services
31/03/2020 06:58
March 31 (Reuters) - Lippo Malls Indonesia Retail Trust
LMRT.SI :
* FROM 1 APRIL, ALL OF LMIR TRUST'S 23 RETAIL MALLS, 7
RETAIL
SPACES IN INDONESIA TO BE TEMPORARILY CLOSED
* PERIOD OF CLOSURE WILL BE FOR A MINIMUM OF TWO WEEKS TILL
14
APRIL 2020
* HAS ADEQUATE FINANCIAL RESERVES TO FULFIL OBLIGATIONS IN
FORESEEABLE FUTURE
* CURRENTLY DIFFICULT FOR MANAGER TO ASCERTAIN FULL
FINANCIAL
IMPACT OF CRISIS ON FINANCIAL PERFORMANCE OF TRUST
* ESSENTIAL SERVICES SUCH AS SUPERMARKETS, PHARMACIES AND
CLINICS
WILL REMAIN OPEN WITH SHORTER OPERATING HOURS
Source text for Eikon: ID:nSNZ6MTFYS
Further company coverage: LMRT.SI
((Reuters.Briefs@thomsonreuters.com;))
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