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CCT upgraded on potential merger with CMT

Samantha Chiew
Samantha Chiew • 2 min read
CCT upgraded on potential merger with CMT
CCT gets boosted on potential merger with CMT
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SINGAPORE (June 8): DBS Group Research is upgrading its recommendation on CapitaLand Commercial Trust (CCT) to “buy” with an increased target price of $1.95 from $1.55 previously.

This upgrade is led by the upgrade and repricing of CapitaLand Mall Trust (CMT), which will be merging with CCT.


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