Chief executive officer Low Peck Chen (pic) said the move would allow investment in a comprehensive range of income-producing assets to diversify CMMT’s revenue stream and to build a sector-diversified portfolio.
PETALING JAYA: CapitaLand Malaysia Mall Trust (CMMT) will be expanding its investment by exploring other asset classes beyond the retail sector and this includes commercial, office and industrial asset classes.
In a statement, CMMT manager CapitaLand Malaysia Mall Trust REIT Management Sdn Bhd (CMRM) said more than 350 unitholders had voted at CMMT’s EGM held online yesterday, whereby 100% of the votes were in favour of the investment mandate expansion.
Already a subscriber? Log in.
Save 30% for ads-free and full access now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
