CapitaMalls distribution per unit higher at 2.24 sen

CapitaMalls Malaysia Trust (CMMT) CEO Sharon Lim (right) gestures while CMMT Head of Finance Low Peck Chen (centre) and CMMT Assistant Vice President, Investment & Asset Management Tng Wei Chien looks on during the FY 2013 results briefing. - IZZRAFIQ ALIAS / The Star. January 23, 2014

KUALA LUMPUR: CapitaMalls Malaysia Trust (CMMT) achieved a distribution per unit (DPU) of 2.24 sen for the fourth quarter of financial year 2014 ended Dec 31, 2013, 6.2% higher than the 2.11 sen in the previous corresponding quarter.

It posted net property income of RM54.8mil for the quarter, a 10.8% hike from RM49.5mil recorded in the same quarter in 2012.