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CapitaLand Mall Trust kept at 'hold' by OCBC and Maybank on higher mall supply, soft retail sector

PC Lee
PC Lee • 3 min read
CapitaLand Mall Trust kept at 'hold' by OCBC and Maybank on higher mall supply, soft retail sector
SINGAPORE (Apr 26): OCBC Investment Research says CapitaLand Mall Trust’s (CMT) 1Q19 results met its expectations.
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SINGAPORE (Apr 26): OCBC Investment Research says CapitaLand Mall Trust’s (CMT) 1Q19 results met its expectations.

Gross revenue rose 10.0% y-o-y to $192.7 million while NPI jumped 11.5% to $140.1 million, forming 25.1% of its FY19 forecast.

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Capitaland Mall Trust (CMT)
Jewel Changi Airport
Funan

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