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.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Cape EMS returns to profit
UK budget ‘headroom’ a harmful obsession
Bursa Malaysia extends gains to close higher
Inflation expected to remain manageable

Others Also Read