CMMT’s prospects likely to improve in H2

TheStar Tue, Jan 26, 2021 10:10am - 3 years View Original


CMMT REITTA Securities in a note said it cut its FY2021 earnings projections for CMMT by 4.7%

PETALING JAYA: Earnings targets for Capitaland Malaysia Mall Trust (CMMT), which owns The Mines and Sungei Wang Plaza, have been cut on expectations of a challenging retail environment.

However, a recovery of sorts is expected in the second half of this year.

TA Securities in a note said it cut its FY2021 earnings projections for CMMT by 4.7%.

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