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New Singapore law to protect those affected by Covid-19
SINGAPORE (The Straits Times/ANN): A new Bill aimed at protecting individuals and companies unable to fulfil their contractual obligations because of the Covid-19 pandemic will be introduced in Parliament next week, the Ministry of Law said on Wednesday (April 1).
Asia dealmakers look to distressed sales as M&As slump
HONG KONG/SINGAPORE: Asia's dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low.
CapitaLand, CMMT introduce support measures
PETALING JAYA: CapitaLand Ltd and its sponsored real estate investment trust CapitaLand Malaysia Mall Trust (CMMT) have initiated a series of support measures for their retail partners across all seven CapitaLand malls in Malaysia
Singapore businesses in China tough it out
BEIJING (The Straits Times/ANN): In the eight years that William Ding has been running his Singaporean eatery in Beijing, there has been no other more challenging time than now.
In S’pore, REITs becoming more important than ever
SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
CGS-CIMB: Rental rebates by retailers negative for REITS
PETALING JAYA: Rental rebates by retailers will have a negative impact on real estate investment trusts (REITs) that own retail malls, according to CGS-CIMB Research.
Mall shows appreciation for media support
Media members were treated to a scrumptious dinner during the Media Appreciation Night at Gurney Plaza, Penang.
Trading ideas: Rimbunan Sawit, WTK, Leader Steel, LBS, TSR Capital, CMMT
KUALA LUMPUR: Stocks to watch on Thursday include Rimbunan Sawit Bhd, WTK Holdings Bhd, Leader Steel Holdings Bhd, LBS Bina Group Bhd, TSR Capital Bhd and CapitaLand Malaysia Mall Trust (CMMT), according to JF Apex Research.
CMMT posts lower income on weak contributions from The Mines and Sungei Wang malls
KUALA LUMPUR: Capitaland Malaysia Mall Trust (CMMT) reported lower income in the last quarter ended Dec 31, 2019 amid lower occupancies at its properties in the Klang Valley.