by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterfly.com and REITScreener.com site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser. Lippo Karawaci, the anchor tenant and master lease of First REIT’s hospitals made a surprised announcement on Monday, 01-Jun-2020 with the press release entitled Covid-19 Renders Rental Subsidies Unsustainable; LPKR To Initiate Restructuring Discussions On Leases With First REIT. The relevant part of Lippo Karawaci’s announcement is reproduced below for the convenience of readers: Quote:
“COVID-19 has significantly impacted Siloam's revenues and led to a drastic decline in...
