Lippo Malls Indonesia Retail Trust Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

James Liew

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.5yrs
CEO ownership	n/a
Management average tenure	3.8yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO

James Liew (52 yo)

5.5yrs

Tenure

Mr. Chee Seng Liew, also known as James, serves as Chief Executive Officer of LMIRT Management Ltd, manager of Lippo Malls Indonesia Retail Trust since May 1, 2019 and as its Executive Director since Decem...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chee Seng Liew	CEO & Executive Director of LMIRT Management Ltd	5.5yrs	no data	no data
Yoon Thim Wong	Chief Financial Officer of LMIRT Management Ltd	3.8yrs	no data	no data
Jessie Setiono	Senior Manager of Legal & Compliance - LMIRT Management Ltd	3.9yrs	no data	no data
Shao Heng	Director of Sustainability - LMIRT Management Ltd	no data	no data	no data
Cheng Jih Min	Senior Asset Director of LMIRT Management Ltd	3.5yrs	no data	no data
Chin Ni Lim	Financial Controller of LMIRT Management Ltd	2.4yrs	no data	no data
Lai Fann Hooi	Company Secretary of LMIRT Management Ltd	no data	no data	no data

3.8yrs

Average Tenure

Experienced Management: 3HJ's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chee Seng Liew	CEO & Executive Director of LMIRT Management Ltd	4.9yrs	no data	no data
Kei Wei Leong	Independent Director of LMIRT Management Ltd	4.3yrs	S$91.25k	0.0019% € 1.9k
Gouw Viven Sitiabudi	Independent Director of LMIRT Management Ltd	6.1yrs	S$100.49k	no data
Murray Dangar-Waratah Bell	Independent Chairman of the Board & Lead Independent Director of LMIRT Management Ltd.	5yrs	S$137.50k	no data

5.0yrs

Average Tenure

52yo

Average Age

Experienced Board: 3HJ's board of directors are considered experienced (5 years average tenure).

Lippo Malls Indonesia Retail Trust Management

Management criteria checks 2/4

Key information

Recent management updates

Lippo Malls Indonesia Retail Trust, Annual General Meeting, Apr 25, 2024

Insufficient new directors

High number of new directors

High number of new and inexperienced directors

Lippo Malls Indonesia Retail Trust, Annual General Meeting, Apr 29, 2022

High number of new and inexperienced directors

Recent updates

Third quarter 2024 earnings released: S$0.005 loss per share (vs S$0.002 loss in 3Q 2023)

Lippo Malls Indonesia Retail Trust to Report Q3, 2024 Results on Oct 29, 2024

Lippo Malls Indonesia Retail Trust to Report Q2, 2024 Results on Jul 29, 2024

Lippo Malls Indonesia Retail Trust to Report Q1, 2024 Results on Apr 26, 2024

Full year 2023 earnings released: S$0.016 loss per share (vs S$0.002 loss in FY 2022)

Lippo Malls Indonesia Retail Trust, Annual General Meeting, Apr 25, 2024

Full year 2023 earnings released: S$0.016 loss per share (vs S$0.002 loss in FY 2022)

Lippo Malls Indonesia Retail Trust to Report Q4, 2023 Results on Feb 29, 2024

Third quarter 2023 earnings released: S$0.002 loss per share (vs S$0.003 loss in 3Q 2022)

Lippo Malls Indonesia Retail Trust to Report Q3, 2023 Results on Nov 09, 2023

New major risk - Financial position

Second quarter 2023 earnings released: EPS: S$0 (vs S$0.001 loss in 2Q 2022)

Insufficient new directors

Full year 2022 earnings released: S$0.002 loss per share (vs S$0.007 loss in FY 2021)

Full year 2022 earnings released: S$0.002 loss per share (vs S$0.007 loss in FY 2021)

Lippo Malls Indonesia Retail Trust to Report Q4, 2022 Results on Feb 24, 2023

High number of new directors

Lippo Malls Indonesia Retail Trust to Report Q3, 2022 Results on Nov 09, 2022

Lippo Malls Indonesia Retail Trust Declares Distribution for the Second Quarter Ended June 30, 2022, Payable on 31 August 2022

Lippo Malls Indonesia Retail Trust to Report Q2, 2022 Results on Aug 08, 2022

Now 39% undervalued

High number of new and inexperienced directors

Lippo Malls Indonesia Retail Trust to Report Q1, 2022 Results on Apr 29, 2022

Full year 2021 earnings released: S$0.007 loss per share (vs S$0.085 loss in FY 2020)

Now 40% undervalued

Lippo Malls Indonesia Retail Trust, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Lippo Malls Indonesia Retail Trust Announces Distribution for the Period from 1 October 2021 to 31 December 2021, Payable on or About 30 March 2022

High number of new and inexperienced directors

Lippo Malls Indonesia Retail Trust Announces Temporary Closure of Retail Malls in This Area, Effective from 12 July to 20 July 2021

Lippo Malls Indonesia Retail Trust Announces Temporarily Closing of its 16 Retail Malls and 6 Retail Spaces in Java and Bali, Effective from July 3, 2021 to July 20, 2021

First quarter 2021 earnings released: S$0.002 loss per share (vs S$0.002 loss in 1Q 2020)

Full year 2020 earnings released

Revenue beats expectations

Lippo Malls Indonesia Retail Trust (SGX:D5IU) acquired strata title units of Lippo Mall Puri from PT Mandiri Cipta Gemilang for IDR 3.5 trillion.

Lippo Malls Indonesia Retail Trust to Report Q4, 2020 Results on Mar 01, 2021

Lippo Malls Indonesia Retail Trust has completed a Follow-on Equity Offering in the amount of SGD 280.972322 million.

LMIRT Management Ltd. Announces Change of Company Secretary with Effect from November 3, 2020

Lippo Malls Indonesia Retail Trust (SGX:D5IU) entered into a conditional sale and purchase agreement to acquire strata title units of Lippo Mall Puri from PT Mandiri Cipta Gemilang for IDR 3.7 trillion.

PT Nirvana Wastu Pratama completed the acquisition of Pejaten Village in South Jakarta and Binjai Supermall in North Sumatra from Lippo Malls Indonesia Retail Trust (SGX:D5IU).

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age