Analysts expect forward earnings growth for CLMT
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
CapitaLand Malaysia said the facility marks its largest loan facility to-date and is linked to the sustainability performance targets of Queensbay Mall.
Distributable income for the quarter under review grew 29% to RM28.
Earnings per share rose to 1.
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.
Unitholders also approved a private placement of up to 1.
The acquisition of Queensbay Mall will deepen CLMT’s presence in Penang, thus strengthening its foothold in the northern region of Malaysia, where it already owns Gurney Plaza and is targeting to complete the acquisition of its first logistics property in Penang in the fourth quarter of this year.
SINGAPORE (July 30): Chinese video-sharing app TikTok's newly-minted CEO Chew Shou Zi could be in the early stage of buying a property in the Queen Astrid Park Good Class Bungalow (GCB) Area (pictured) for S$86 million (RM269 million) or S$2,700 psf based on land area, reported the Business Times today.
KUALA LUMPUR (Oct 10): Staff of the intensive care unit (ICU) ward at Queen Elizabeth II Hospital (pictured) in Kota Kinabalu “are struggling to cope” after more than half of the nurses there go into quarantine, Malaysiakini reported.
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