External broker reports(aggregated public sources), MNC Sekuritas

MNC Sekuritas

External broker reports(aggregated public sources)

MNC Sekuritas, the first wholly-owned subsidiary established by the Group back in 1989, provides a complete range of services, from equity, fixed income, investment banking to providing research to optimize clients’ investments. Thus far, the company has more than 140 points of sales with over 100,000 clients. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>MSCI Spark Ignites KPIG’s Premium ExpansionKey Takeaways: KPIG has officially been included in the MSCI Global Equity Indexes(Small Cap category) following the Aug-25 rebalancing</li><li>The recognition reflects KPIG’ssolid fundamentals, premium international-scale assets, and consistent long-term growth strategy</li><li>Inclusion in this prestigious index strengthens a company’s visibility and reputation in international capital markets, enhances trading liquidity potential, and broadens access to a global investor base</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MSCI Spark Ignites KPIG’s Premium ExpansionKey Takeaways: KPIG has officially been included in the MSCI Global Equity Indexes(Small Cap category) following the Aug-25 rebalancingThe recognition reflects KPIG’ssolid fundamentals, premium international-scale assets, and consistent long-term growth strategyInclusion in this prestigious index strengthens a company’s visibility and reputation in international capital markets, enhances trading liquidity potential, and broadens access to a global investor baseContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

PT MNC Tourism Indonesia Tbk (KPIG IJ) - MSCI Spark Ignites KPIG’s Premium Expansion

<ul><li>PT MNC Tourism Indonesia Tbk (formerly known as PT MNC Land Tbk/KPIG) delivered a strong performance in 1H25, with revenue surge by +25.56% YoY to IDR963.95 bn.</li><li>The property segment contributed 51.6% to KPIG’s consolidated revenue, surging 44.3% YoY to IDR497.0 bn from IDR344.3 bn in 1H24.</li><li>Additionally, revenue from the hospitality segment also rose, reaching IDR466.9 bn in 1H25. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

PT MNC Tourism Indonesia Tbk (formerly known as PT MNC Land Tbk/KPIG) delivered a strong performance in 1H25, with revenue surge by +25.56% YoY to IDR963.95 bn.The property segment contributed 51.6% to KPIG’s consolidated revenue, surging 44.3% YoY to IDR497.0 bn from IDR344.3 bn in 1H24.Additionally, revenue from the hospitality segment also rose, reaching IDR466.9 bn in 1H25. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

KPIG IJ - Growth Accelerates on Premium Assets and Strategic Initiatives

Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Research from SooChow CSSD Capital Markets (Asia)

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

SooChow CSSD Capital Markets (Asia)

Thematic (Sector/Industry)

<ul><li><a href="https://www.smartkarma.com/entities/ec-world-reit" target="_blank" data-smartkarma-citation="entities:22842" rel="noopener">EC World Reit (ECWREIT SP)</a> in final stages of refinancing negotiations</li><li><a href="https://www.smartkarma.com/entities/frasers-hospitality-trust" target="_blank" data-smartkarma-citation="entities:913" rel="noopener">Frasers Hospitality Trust (FHT SP)</a> exploring strategic options to enhance and unlock value</li><li><a href="https://www.smartkarma.com/entities/guocoland-ltd" target="_blank" data-smartkarma-citation="entities:17467" rel="noopener">GuocoLand (GUOL SP)</a> Midtown Modern penthouse fetches new price high of S$4,278psf</li></ul>

EC World Reit (ECWREIT SP) in final stages of refinancing negotiationsFrasers Hospitality Trust (FHT SP) exploring strategic options to enhance and unlock valueGuocoLand (GUOL SP) Midtown Modern penthouse fetches new price high of S$4,278psf

ASEAN Builder's Scoop (8Apr22) - ECWREIT Final Stages of Refinancing

External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

What’s next after obtaining SEZ approval?<div class="content-highlight">Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</div>

What’s next after obtaining SEZ approval?Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

MNC Land (KPIG IJ) - What’s next after obtaining SEZ approval?

Indonesia

PT MNC LAND Tbk engages in the development of integrated resorts, commercial properties, and property services. The Company owns and operates a full range of commercial properties in Jakarta, Surabaya and Bali. MNC LAND's integrated resorts include Lido Lake Resort in West Java, Bali Nirwana Resort in Bali, and Mandalika Eco-Tourism Resort in West Nusa Tenggara.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

MNC Land Tbk Pt (KPIG IJ)

PT MNC Tourism Indonesia Tbk (KPIG IJ) - MSCI Spark Ignites KPIG’s Premium Expansion

MSCI Spark Ignites KPIG’s Premium ExpansionKey Takeaways: KPIG has officially been included in the MSCI Global Equity Indexes(Small Cap category)...

MNC Sekuritas

KPIG IJ - Growth Accelerates on Premium Assets and Strategic Initiatives

PT MNC Tourism Indonesia Tbk (formerly known as PT MNC Land Tbk/KPIG) delivered a strong performance in 1H25, with revenue surge by +25.56% YoY to...

MNC Sekuritas

ASEAN Builder's Scoop (8Apr22) - ECWREIT Final Stages of Refinancing

FHT exploring strategic options; North Gaia EC to fetch new record price; KPIG focuses on 3,000ha MNC Lido City; SHR aims to double revs in 2022

SCCM Asia Research

MNC Land (KPIG IJ) - What’s next after obtaining SEZ approval?

What’s next after obtaining SEZ approval?Content is external broker report sourced from online content aggregator through publicly available...

Mirae Asset Securities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)