PT Lippo Karawaci Tbk · IDX:LPKR
PT Lippo Karawaci Tbk — Investor Presentation (February 2019)
67 slides from PT Lippo Karawaci Tbk's investor presentation, February 2019
Slide 1: Right Place, Right Time, Right Company
Right Place, Right Time, Right Company PT Lippo Karawaci Tbk FY 2018 Indonesia’s Largest and Most Integrated Property Group Leaders in Integrated Developments, Hospitals, Retail Malls, Hotels and Asset Management
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by PT Lippo Karawaci Tbk (“LPKR”) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of LPKR. No warranty (expressed or i
Slide 3: Contents
CONTENTS CORPORATE STRUCTURE 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY 02 FOUR BUSINESS DIVISIONS 03 MOST RECENT FINANCIAL RESULTS 04 - 05 DIVERSIFIED LANDBANK & PROJECTS 06 - 07 MOST INTEGRATED BUSINESS MODEL 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT 09 GROWTH STRATEGIES 10 - 11 OUR PORTF
Slide 4: Corporate Structure
CORPORATE STRUCTURE OTHER MAJORITY SHAREHOLDERS LIPPO RELATED COMPANIES > 5% PUBLIC < 5% 59.12% 8.84%. 32.04 % As of 31 DEC 2018 No of Floating Shares : 22,771,585,119 Code : LPKR.JK ; LPKR IJ 51,05% 54,37% 62,69% 100% PT SILOAM INTERNATIONAL PT LIPPO CIKARANG TBK PT GOWA MAKASSAR TOURISM PT BOWSPRI
Slide 5: Largest & Most Integrated Property Company
LARGEST & MOST INTEGRATED PROPERTY COMPANY Largest listed property Company by Revenue and Total Assets. Revenue and Total Assets as per FY 2018: USD 860 million and USD 3.4 billion, respectively. Fast growing Indonesian real estate group market cap has grown to USD 403 million1 since the merger of e
Slide 6: LPKR Four Business Divisions
LPKR FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 35 hospitals in 27 cities Malls: Manages LMRT, a public with more than 7,100 Own and/or manage listed REIT in Singapore 8,095 ha beds capacit
Slide 7: Revenue & EBITDA Contribution
REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA FY’18: Rp 12.460 Trillion FY’18: Rp 3.084 Trillion 25% 37% 48% 49% 13% 8% 13% 7% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of FY’18 04
Slide 8: Income Statements: FY'2018 and FY'2017
INCOME STATEMENTS: FY’2018 AND FY’2017 REVENUE FY’18: RP 12.460 TRILLION EBITDA FY’18: RP 3.084 TRILLION REVENUE FY’17: RP 10.522 TRILLION 18% 42% EBITDA FY’17: RP 2.177 TRILLION Rp bn Rp bn 1,800 7,000 5,965 1,600 1,524 6,000 5,306 1,400 4,608 5,000 1,200 4,000 3,464 1,000 776 764 800 705 3,000 600
Slide 9: Most Diversified Landbank and Projects
MOST DIVERSIFIED LANDBANK AND PROJECTS INDONESIA Grand Palladium Medan Sun Plaza Plaza Medan Fair Aryaduta Hotel Manado Lippo Plaza Medan Siloam Hospitals Manado Siloam Hospitals Medan Monaco Bay Binjai Supermall Holland Village Manado Aryaduta Hotel Medan Aryaduta Hotel Pekanbaru Siloam Hospitals S
Slide 10: Most Diversified Landbank and Projects: Greater Jakarta
MOST DIVERSIFIED LANDBANK AND PROJECTS PROJECTS IN GREATER JAKARTA Jakarta Population : 12 million1 N Greater Jakarta Population : 30 million1 JAVA SEA Pluit Village NORTH JAKARTA International Airport WEST JAKARTA Soekarno Hatta St. Moritz Gajah Mada Plaza Lippo Mall Puri Holland Village Metropolis
Slide 11: Most Integrated Business Model in Indonesian Property Sector
MOST INTEGRATED BUSINESS MODEL IN INDONESIAN PROPERTY SECTOR DEVELOPERS PROPERTY OPERATIONS Majority of Indonesian Developer, Operator and Majority of Indonesian Developers REIT & Portfolio Developers Managers REITs Integrated Projects Development Across Property Proven Experience & Income Value Cha
Slide 12: Highly Experienced & Professional Management
HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT BOARD OF COMMISSIONERS: BOARD OF DIRECTORS: Ketut Budi Wijaya Hendra Sidin* Tjokro Libianto President Director Vice President Director Theo L. Sambuaga Agum Gumelar Chairman Richard Setiadi Alwi Sjaaf Wijaya Subekti Farid Harianto H. Sutiyoso *Newly Appoi
Slide 13: Generating Shareholder Value Through a Best-in-Class Real Estate Platform
GENERATING SHAREHOLDER VALUE THROUGH 13 A BEST-IN-CLASS REAL ESTATE PLATFORM Best-in-class integrated real estate platform 1 2 3 Urban Housing Lifestyle Malls Healthcare Expand our Urban Homes product to Maintain market leadership in lifestyle Currently the leader in Indonesian cater to the ri
Slide 14: A Revitalised Real Estate Player for Tomorrow
A REVITALISED REAL ESTATE PLAYER FOR TOMORROW Leading property player in Integrated real estate solutions Scarce landbank inventory in Indonesia with strong international provider prime locations partners Indonesia’s leading integrated real Provide a complete solution to our Over 8,000 ha of d
Slide 15: Residential & Urban Development: Lippo Village and Lippo Cikarang
RESIDENTIAL & URBAN DEVELOPMENT LIPPO VILLAGE IN KARAWACI, WEST OF JAKARTA LIPPO CIKARANG, EAST OF JAKARTA Existing CBD Industrial Industrial Landbank Meikarta EJIP (Sumitomo) BIIE (Hyundai) Existing Residential Existing Industrial Development Rights Land already acquired Landbank inventory Developm
Slide 16: Residential & Urban Development: Tanjung Bunga and San Diego Hills
RESIDENTIAL & URBAN DEVELOPMENT TANJUNG BUNGA, MAKASSAR, SOUTH SULAWESI SAN DIEGO HILLS MEMORIAL PARK AND FUNERAL HOME Development Rights Land already acquired Landbank inventory Master Plan Land already acquired Landbank inventory 1,500 ha 651 ha 287 ha 500 ha 125 ha 89 ha (+ 14 ha family center &
Slide 17: A Landmark Project – South Jakarta
A LANDMARK PROJECT – SOUTH JAKARTA (FIRST LAUNCHED ON JULY 2007) SOLD (AS OF 31 DEC 2018) THE THE BLOOMINGTON THE RITZ THE EMPIRE COSMOPOLITAN THE THE INFINITY COSMOPOLITAN THE INTERCON 98% 97% 100% Rp 482 bio Rp 483 bio Rp 352 bio 100% completion 100% completion 100% completion THE THE TIFFANY RITZ
Slide 18: Total Land Area 11.4 Ha
TOTAL LAND AREA : 11.4 Ha (FIRST LAUNCHED ON AUGUST 2008) NEW ROYAL ROYAL SOLD (AS OF 31 DEC 2018) SUITE SUITE PRESIDENTIAL AMBASSADOR ROYAL SUITES NEW SUITES SUITES AMBASSADOR SUITE 96% 99% 98% AMBASSADOR SUITE Rp 449 bio Rp 357 bio Rp 367 bio 100% completion 100% completion 100% completion Hotel &
Slide 19: Completed Projects
COMPLETED PROJECTS PARK VIEW APARTMENTS THE NINE RESIDENCE DEPOK SOUTH JAKARTA 16
Slide 20: Projects Soon to Be Completed
PROJECTS SOON TO BE COMPLETED HILLCREST+ FAIRVIEW CBD Meikarta LIPPO VILLAGE LIPPO CIKARANG HOLLAND VILLAGE MANADO, NORTH SULAWESI 17
Slide 21: Pre-Sold Projects Under Construction
PRE-SOLD PROJECTS UNDER CONSTRUCTION HOLLAND VILLAGE LIPPO THAMRIN ST. MORITZ PANAKUKANG CENTRAL JAKARTA CENTRAL JAKARTA MAKASSAR EMBARCADERO PARK MONACO BAY BINTARO, TANGERANG MANADO, NORTH SULAWESI 18
Slide 22: Mature East Hospitals
22 Mature East Hospitals Date Bed Operation GPs & Land/Building Name Place Nurses Centre of Excellence Accreditation Opened Capacity al Beds Specialists Ownership SH Kebon Cardiology, Urology, W. JAKARTA 2002 285 214 212 333 Jeruk Orthopedics, Emergency JCIA SH Surabaya E. JAVA 2002 162 160 159 244
Slide 23: Mature West Hospitals
23 Mature West Hospitals Date Bed Operatio GPs & Land/Building Name Province Nurses Centre of Excellence Accreditation Opened Capacity nal Beds Specialists Ownership MRCCC Siloam S. JAKARTA 2011 334 176 187 248 Cancer, Liver, Emergency Semanggi SH Cinere DEPOK 2012 50 33 24 42 Cardiology SH S. Gastr
Slide 24: Mature Distinct Hospitals
24 Mature Distinct Hospitals Date Bed Operatio GPs & Land/Building Name Place Nurses Centre of Excellence Accreditation Opened Capacity nal Beds Specialists Ownership SH Denpasar Cardiology, Orthopedics, BALI 2013 281 124 141 177 (Mature East) Tourists, Emergency JCIA SH Asri (Mature S. JAKARTA 2014
Slide 25: New Hospitals
25 New Hospitals Date Bed Operation GPs & Land/Building Name Place Nurses Centre of Excellence Accreditation Opened Capacity al Beds Specialists Ownership RS Umum Putera CIREBON 2017 114 94 68 123 Emergency Bahagia SH Bogor W. JAVA 2017 246 56 68 57 Emergency RS Siloam BANGKA 2017 412 33 39 51 Emerg
Slide 26: New Hospitals
26 New Hospitals Date Bed Operation GPs & Land/Building Name Place Nurses Centre of Excellence Accreditation Opened Capacity al Beds Specialists Ownership SH Semarang Central Java 2018 23 22 47 75 Emergency SH Palangka Kalimantan 2018 199 34 20 44 Emergency Raya 23
Slide 27: Siloam Clinics
Siloam Hospi LIPPO Clinics ADI -sai SILIGITA - eau aoe CIANJUR JABABEKA -cixaranc ROBSON -cixaranc BONA INDAL ss er er LINTK bas GADING SERPONG GRAHA RAYA. incr HARKIT -ranctranc PERMATA mck = LABUAN BAJO MERUYA.saxarta = CISOKA- tanctrane CYBERPARK. TNGR Sm 16 operational Clinics located in Bali, B
Slide 28: Comprehensive Licensing Requirements for New Hospitals
28 Comprehensive Licensing Requirements for New Hospitals Status of Selected Projects for 2018-2019* In order to be able to fully commission a new hospital, we have to go through a licensing process involving local governments and provincial health departments. This involves more than 40 licenses an
Slide 29: Dominant Position in Retail Development & Property Management
DOMINANT POSITION IN RETAIL DEVELOPMENT & PROPERTY MANAGEMENT MANAGES 51 MALLS THROUGHOUT INDONESIA 3.5 million sqm GFA As of Dec 31, 2018 : Overall average occupancy 88% and 93% in LMIRT properties Pipeline Malls: LIPPO MALL PURI PX PAVILLION LIPPO PLAZA SRONDOL, SEMARANG LIPPO PLAZA CINERE LIP
Slide 30: Manages 10 Hotels Throughout Indonesia
MANAGES 10 HOTELS THROUGHOUT INDONESIA As of Dec 31, 2018 : Overall average occupancy 75% HOTELS UNDER ARYADUTA MANAGEMENT : HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA SEMANGGI (274 rooms) MAKASSAR (224 rooms) PALEMBANG (169 rooms) BANDUNG (254 rooms) 27
Slide 31: Asset Management
ASSET MANAGEMENT UNIQUE FOR AN INDONESIAN PROPERTY COMPANY 10.60% 100% 100% 100% 100% PT ARYADUTA PT BOWSPRIT LMIR TRUST PT LIPPO MALLS INTERNATIONAL ASSET MANAGEMENT INDONESIA MANAGEMENT LTD 30.74% MANAGEMENT Code : FIRT ASSET MANAGER HOTEL OF DIRE MALL BOWSPRIT REIT MANAGER MANAGEMENT OPERATOR Cod
Slide 32: First REIT Portfolio
Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 20 properties located in Indonesia, Singapore and South Korea Manages 15 Siloam Hospitals and 2 Aryaduta Hotels in Indonesia As of Dec 31, 2018 : Annualised DPU : SGD 8.60 cents Dividend Yield (%) Share Price (SG
Slide 33: LMIRT: Manages 23 Retail Malls and 7 Retail Spaces
MANAGES 23 RETAIL MALLS AND 7 RETAIL SPACES As of Dec 31, 2018 : Annualised DPU: SGD 2.05 cents Share Price (SGD) Portfolio Size (SGD mn) Dividend Yield (%) 0.45 1,960 12.0 11.3 1,949 0.4 0.4 1,940 1,930 0.37 10.0 9.6 0.34 1,920 9.2 0.35 0.32 8.6 8.6 1,900 0.3 8.0 1,880 0.25 1,860 1,851 6.0 0.2 0.
Slide 34: Financial Performance
@ZLIPPO FINANCIAL PERFORMANCE
Slide 35: Balance Sheet
BALANCE SHEET AS OF 31 DECEMBER Rp Trillion 2018 2017 2016 2015 2014 TOTAL ASSET 49.806 56.772 45.604 41.327 37.773 TOTAL LIABILITIES 24.336 26.912 23.529 22.410 20.152 TOTAL EQUITY 18.751 22.829 18.572 16.394 15.588 TOTAL DEBT 14.871 13.837 13.663 12.365 9.997 CASH AND CASH EQUIVALENTS 1.818 2.538
Slide 36: Debt Maturity Profile
DEBT MATURITY PROFILE Debt Profile Coupon rate Coupon rate Coupon rate USD million 6.75% pa 9.625% pa 7% pa 5% 450 8% 400 350 300 410 425 250 87% 425 200 410 425 150 USD Bonds 100 95.7 75 USD Bank Loans IDR Bank Loans 50 15.6 23.5 6.8 Bonds 0 2019 2020 2021 2022 2023 2026 Source: Company as of FY’20
Slide 37: Attractive Asset Value
ATTRACTIVE ASSET VALUE Ownership (%) Land Area (ha) Assets Value (Rp bn) 1A Appraised value as of URBAN DEVELOPMENT: 31 Dec 2018 by: 1A) - FAST: Kantor Jasa Penilai Lippo Village 100 424 33.347 Publik Firman Suryantoro 1A) Sugeng Suzy Hartono dan Lippo Cikarang 54,4 455 17.758 Rekan Tanjung Bunga 1C
Slide 38: Property Marketing Sales
PROPERTY MARKETING SALES (in Rp bn) FY 2015 FY 2016 FY 2017 FY 2018 Budget 2019 Residential 3,039 973 423 1,336 1,302 Low Rise 1,129 573 227 1,190 762 High Rise 1,910 400 196 146 540 Commercial 127 - 63 19 93 Industrial 279 75 78 81 405 Unique Product SDH 178 154 138 162 200 Total Property Sales 3,6
Slide 39: Meikarta
@ZLIPPO MEIKARTA
Slide 40: Meikarta: Our Next Development Initiative
MEIKARTA: OUR NEXT DEVELOPMENT INITIATIVE Investment in PT Lippo Cikarang Tbk (“LPCK”) / Meikarta ~500ha of total landbank for long term development over phases Phase 1 Consists of ~84 ha Significant funds already invested into key foundation infrastructure for “Phase 1 +” Phase 1A Consists of ~
Slide 41: A New Visionary City
RESIDENTIAL & URBAN DEVELOPMENT A New Visionary City Redefining The Meaning of Beautiful Modern City 250.000 New Housing for 1.000.000 communities 38
Slide 42: Surrounded by Fortune Companies
RESIDENTIAL & URBAN DEVELOPMENT SURROUNDED BY FORTUNE 500 COMPANIES 4.000 MULTINATIONAL COMPANIES 1 MILLION CAR PRODUCTION / YEAR 10 MILLION MOTORCYCLES PRODUCTION / YEAR 12.000 EXPATRIATES JAKARTA BANDUNG 39
Slide 43: 6 New Infrastructures
RESIDENTIAL & URBAN DEVELOPMENT 6 New Infrastructures PATIMBAN DEEP SEAPORT LRT CAWANG –BEKASI TIMUR – CIKARANG EST. VALUE : Rp 40 T EST. VALUE : Rp 3,2 T EST. COMPLETION : 2019 (PARTIAL) EST. COMPLETION : 2019 KERTAJATI INTERNATIONAL AIRPORT APM (MONORAIL) CONNECTING EST. VALUE : Rp 23 T 7 INDUSTRI
Slide 44: Residential & Urban Development: Meikarta Facilities
RESIDENTIAL & URBAN DEVELOPMENT 200,000 PEOPLE CAPACITIES International Exhibition & Convention Center Central Taman Kota Park 100 Ha 4 Layers Coherent Internal Road Networks Indonesian Silicon Valley World Class • Industrial Research Center • Malls 300,000 sqm • National Library • Top 3 Universitie
Slide 45: Meikarta Under Construction
MEIKARTA UNDER CONSTRUCTION 42
Slide 46: Meikarta: Launched in May 2017
MEIKARTA : LAUNCHED IN MAY 2017 American Style European Style Asian Style Modern Style 18 43
Slide 47: Appendices
@ZLIPPO APPENDICES
Slide 48: Lippo Group
LIPPO GROUP INDONESIA TMT RETAIL REAL ESTATE Technology – Multimedia – Telecommunications Hypermart Matahari Dept Township Commercial Malls Healthcare Multimedia IT Services & Financial UPH Foundation Store / Int Devt Other Services TMT - Leading privately Stores Nationwide Largest modern mall • 33
Slide 49: Rapid Urbanisation Trend in Indonesia
RAPID URBANISATION TREND IN INDONESIA One of the fastest growing economies in Southeast Asia with High workforce population with home prices reasonably more strong middle income growth affordable than regional peers Real GDP Population with Age Range Between 25 – 44 as % of 2018E – 2020E CAGR (%) To
Slide 50: Indonesia: Attractive Growing Market
INDONESIA: ATTRACTIVE GROWING MARKET Economic Indicators 2019 2017 2018 State Budget Economic Growth (%) 5.07 5.17 5.3 Inflation Rate (%) 3.61 3.13 3.5 Exchange Rate (Rp/USD) 13,384 14,427 14.400 3 Month SBI (%) 4.98 4.95 5.3 Oil Price (USD/bbl) 51,2 67,5 70 Oil Lifting (k bbl/day) 803.9 776 750 Sou
Slide 51: Indonesia Property Sector Has Room to Grow
INDONESIA PROPERTY SECTOR HAS ROOM TO GROW ASIA PACIFIC PROPERTY Rapid urbanisation Growing middle–class RENTAL YIELD Strong savings and income growth INDONESIA 8.61% Low mortgage penetration Property as investment PHILLIPINES 6.13% Improving regulatory environment THAILAND 5.13% Banki
Slide 52: Property Foreign Ownership
PROPERTY FOREIGN OWNERSHIP LAND TITLES AVAILABLE : 1. Freehold : may be held by Indonesian citizens only (not even by fully Indonesian- owned companies). 2. Right to Build (renewable leasehold) : may be held by Indonesian citizens and any company established in Indonesia for an initial 30 years. 3.
Slide 53: New LTV Regulation
NEW LTV REGULATION Mortgage Disbursement stages Mortgage Disbursement: 50
Slide 54: Overview of Jakarta's Condominium Market
OVERVIEW OF JAKARTA’S CONDOMINIUM MARKET Source : Q4’2018 Jones Lang LaSalle Research 51
Slide 55: Overview of Jakarta's Retail Market
OVERVIEW OF JAKARTA’S RETAIL MARKET Source : Q4’2018 Jones Lang LaSalle Research 52
Slide 56: Overview of Jakarta's Office Market - CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET - CBD AREA Source : Q4’2018 Jones Lang LaSalle Research 53
Slide 57: Overview of Jakarta's Office Market - non CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET – non CBD AREA Source : Q4’2018 Jones Lang LaSalle Research 54
Slide 58: Indonesia Healthcare Landscape
INDONESIA HEALTHCARE LANDSCAPE Population Growth Primary Care Accessibility Now = 240 Million 2040 = 360 Million Now = 8,300 2040 = 12,000 Universal Coverage Health Spend USD 20 Bn USD 640 Bn 58% 100% Coverage Coverage Now= 140 Million 2017 = 264 Million Now = 2.5% of GDP (USD 800 Bn) 2040 = 8% of G
Slide 59: Market Drivers & Restraints in Indonesia's Healthcare Sector
MARKET DRIVERS & RESTRAINTS IN INDONESIA’S HEALTHCARE SECTOR MARKET DRIVERS A large Longer life population expectancy The Universal base with a and a epidemiological health booming population transition has insurance 2015 economy, pyramid presented coverage would emerging increasing Indonesia’s give
Slide 60: Hospitals in Indonesia
HOSPITALS IN INDONESIA No OWNER 31 Dec 12 31 Dec 13 31 Dec 14 31 Dec 15 31 Dec 16 31 Dec 17 31 Dec 18 1 MOH 32 33 34 36 33 33 33 2 PROVINCE 89 96 98 113 120 136 141 GOVERNMENT 3 MUNICIPAL 88 92 93 98 97 97 90 GOVERNMENT 4 DISTRICT GOVERNMENT 444 455 463 469 480 497 525 5 ARMY / POLICE 155 159 170 17
Slide 61: Comparison Health Statistics
COMPARISON HEALTH STATISTICS Indonesia Vietnam Malaysia Singapore South Korea India China Australia USA UK Hospital beds per 10,000 pops 12 26 19 24 115 7 42 38 29 28 Physician per10,000 pops 2 8 15 23 23 8 18 35 26 28 Nursing and Midwife per 10,000 pops 13 14 41 71 69 21 23 126 118 84 Life expectan
Slide 62: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES Corporate Actions August December November April Rp 2.2 tn equity deal 3rd Rights Issue of which CVC invested August October LMIRT was listed of 4.32 bn new USD150 mnbonds 15% stake in SILO in SGX, sponsored shares at issuance, at the rate and participated in Stock Split
Slide 63: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES Corporate Developments July August January October May Launched Launched January Opened Px Pavilion at Launched July Kemang Village, Launched St Moritz Holland Village a large scale St Moritz, as part of Panakukang, an integrated Holland Village Second Phase Started integ
Slide 64: Latest Awards
LATEST AWARDS Siloam received Lippo Cikarang received Lippo Karawaci received Certificate of Appreciation Lippo Cikarang received Lippo Cikarang received Lippo Cikarang received Best of the Best Award Nusantara CSR award 2018 in the category community economic For Tempo Country Certificate of Indone
Slide 65: Share Price Performance
SHARE PRICE PERFORMANCE Closing Price (Rp) Volume (Shares) 1,800 1,400,000,000 1,700 1,600 1,200,000,000 1,500 1,400 1,300 1,000,000,000 1,200 1,100 1,000 800,000,000 900 800 600,000,000 700 600 500 400,000,000 400 300 200,000,000 200 100 - - Jan- Jun- Dec- Jun- Dec- Jun- Dec- Jun- Dec- Jun- Dec- Ju
Slide 66: Top 25 Listed Companies by Trading Volume
TOP 25 LISTED COMPANIES BY TRADING VOLUME 25 Most Active Stocks by Trading Volume Total Trading Trading No. Listed Stocks Volume % Value (IDR) Freq. (x) Days 1, Hanson International Tbk. (MY RX) 231.431.117.333 9,12 28.504.464.593.473 327.938 240 2, Rimo International Lestari Tbk. (RIMO) 212.790.105
Slide 67: Investor Relations
INVESTOR RELATIONS William Wijaya Utama (Senior Manager) email : [email protected] Address : Menara Matahari, 22nd Floor 7 Boulevard Palem Raya Lippo Village Tangerang 15811 Banten – Indonesia telp.+62 21 25669000 fax. +62 21 25669098 website : www.lippokarawaci.co.id 64
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