CLMT expects improvement in performance


CapitaLand Malaysia REIT Management Sdn Bhd (CMRM) chairman Lui Chong Chee: “In particular, shopping malls that cater to tourists will receive a boost from the reopening of borders."

PETALING JAYA: Capitaland Malaysia Trust (CLMT) is expecting improvements in its business performance in 2022, as the greater normalisation of economic and social activities will augur well for the general recovery of Malaysia’s retail sector, according to CapitaLand Malaysia REIT Management Sdn Bhd (CMRM) chairman Lui Chong Chee.

“In particular, shopping malls that cater to tourists will receive a boost from the reopening of borders.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CLMT , Lui Chong Chee , CMRM , REIT , malls , tourists ,

   

Next In Business News

Oil settles flat on partial restart of Sverdrup field
Dutch Lady’s 3Q24 net profit rises
Bank Negara committed to supporting country’s cash economy
Innovation, collaboration key to drive market resilience
TCS bags Sabah Pan Borneo Highway deal
New launches poised to propel Matrix Concepts
India to sell minority stakes in state banks
Dialog quarterly bottom line rises 14%
Cape EMS registers loss-making third quarter
Eden wins RM20mil govt contract

Others Also Read