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CLMT posts net property income of RM69.9 million for YTD 2021

Distribution per unit of 1.01 sen for the period

Kuala-lumpur , Malaysia , Lui-chong-chee , Capitaland-malaysia-mall-trust , Capitaland-malaysia , Capitaland-malaysia-mall , Capitaland-malaysia-trust ,

CapitaLand restructuring: Should you buy CapitaLand investment (9CI)?

CapitaLand restructuring: Should you buy CapitaLand investment (9CI)?
asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.

Malaysia , Japan , Changi , Singapore-general- , Singapore , India , United-kingdom , Cambodia , China , Singaporean , Plaza-singapura , Asia-pacific

ViTrox Corp, Ireka Corp, Hong Seng, Tiong Nam, UOA REIT, CapitaLand Malaysia, Magni-Tech and United Plantations

KUALA LUMPUR (July 22) : Based on corporate announcements and news flow today, companies in focus on Friday (July 23) may include ViTrox Corp Bhd, Ireka Corp Bhd, Hong Seng Consolidated Bhd, Tiong Nam Logistics Holdings Bhd, UOA Real Estate Investment Trust (UOA REIT), CapitaLand Malaysia Mall Trust (CMMT), Magni-Tech Industries Bhd and United Plantations Bhd.
ViTrox Corp Bhd’s second quarter net profit more than doubled to a record RM50.64 million from RM22.92 million a year earlier, on the back of the semiconductor boom which saw heightened demand for its solutions. The commendable results came as ViTrox’s quarterly revenue more than doubled to RM196.19 million from RM96.55 million a year before.

Vietnam , Republic-of , Kuala-lumpur , Malaysia , Kota-kinabalu , Sabah , Perintis-sdn-bhd , Hong-seng , Pantasniaga-sdn-bhd , Bio-sdn-bhd , Movement-control-order , Tiong-nam-logistics-holdings-bhd

CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments

CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala-lumpur , Malaysia , Pahang , Kuantan , Singapore , Selangor , Malaysian , Lui-chong-chee , Sdn-bhd , Sungei-wang-plaza , Peck-chen , Gurney-plaza

Shop Safely, Wisely And Rewardingly This Raya

Shoppers can now enjoy the convenience of shopping at CapitaLand malls – all seven – within a digital space in the comfort of their homes and enjoy rewards offered by the malls.
Malaysians are set to spend another festive season behind closed doors under the shadow of the Covid-19 pandemic.
With infection numbers in the thousands daily, that has brought on a new shift in consumption habits as more shoppers are taking their purchases online.
Interested shoppers can now enjoy the convenience of shopping at CapitaLand malls – all seven – within a digital space in the comfort of their homes and enjoy rewards offered by the malls.

Malaysia , Tokyo , Japan , Kuantan , Pahang , Penang , Pulau-pinang , Malaysians , Hari-raya , Damansara-petaling-jaya , Sungei-wang-plaza , Raya-whatsapp

Nationwide MCO could shave 0.3 percentage point per month from 2021 GDP growth, warns CGS-CIMB

KUALA LUMPUR (May 11): The nationwide movement control order (MCO) could take away 0.3 percentage point per month from Malaysia’s gross domestic product (GDP) growth this year, warned CGS-CIMB Research.
In a note today, the research house’s analysts Ivy Ng and Michelle Chia said the widened lockdown could erode economic growth, which they had projected to be at 5.7% this year.
“The return of a nationwide lockdown raises the estimated daily economic loss in Malaysia’s economy to RM300 million per day versus RM200 milion per day for a targeted MCO 3.0, and our baseline asumption of the CMCO (conditional MCO) (RM150 million per day)," they added.

Kuala-lumpur , Malaysia , Michelle-chia , Capitaland-malaysia-mall , Bank-negara-malaysia , Negara-malaysia , Capitaland-malaysia-mall-trust , Genting-malaysia , Prime-minister-tan-sri-muhyiddin , குவாலா-லம்பூர் , மலேசியா , மைக்கேல்-சியா

CapitaLand onboards seven malls onto GrabMart platform

CapitaLand onboards seven malls onto GrabMart platform
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

Kembangan , Singapore-general , Singapore , Kuala-lumpur , Malaysia , Damansara , Malaysia-general , Kuantan , Pahang , Petaling-jaya , Taman-melawati , Sungei-wang-plaza

CMMT sees subdued business, consumer sentiments in 2021

(CMMT), the owner of the Mines and Sungei Wang Plaza, posted a net loss of RM84.5mil for the year ended Dec 31, 2020.
Net property income fell by a third to RM133mil, largely due rental relief given to eligible tenants and higher vacancies at its malls.
Distributable income for FY20 was RM61.8mil and distribution per unit (DPU) was three sen.
“Covid-19 has hit Malaysia’s retail sector hard and CMMT’s FY 2020 results reflected the impact of these challenges," David Wong, the chairman of Capitaland Malaysia Mall REIT Management Sdn Bhd said.
"Given the economic uncertainties, we expect business and consumer sentiments to remain subdued in 2021," he said in a statement today.

Kuala-lumpur , Malaysia , Pahang , Damansara , Malaysia-general , Kuantan , Sdn-bhd , David-wong , Sungei-wang-plaza , Gurney-plaza , Damansara-office-tower-in-petaling-jaya , Capitaland-malaysia-mall