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Results are out.

http://infopub.sgx.com/FileOpen/CMT2Q201...eID=248369

http://www.channelnewsasia.com/news/busi...81952.html

hmm.. how did they end up with CapitalMallAsia?

(19-08-2013, 01:10 PM)LionFlyer Wrote: [ -> ]http://www.channelnewsasia.com/news/busi...81952.html

hmm.. how did they end up with CapitalMallAsia?

The same way they ended up with Capitaland in Iskandar.

[Image: Waterfront-Township-Iskandar.jpg]

(19-08-2013, 05:50 PM)Dividend Warrior Wrote: [ -> ]

(19-08-2013, 01:10 PM)LionFlyer Wrote: [ -> ]http://www.channelnewsasia.com/news/busi...81952.html

hmm.. how did they end up with CapitalMallAsia?

The same way they ended up with Capitaland in Iskandar.

[Image: Waterfront-Township-Iskandar.jpg]

Ha! Ha!
A good one. "POW CHIAT ONE" they will choppe first.

Liew Mun Leong? That's the common denominator I'm aware of.

Financial Results: http://infopub.sgx.com/FileOpen/CMT3Q201...eID=260871

News Release: http://infopub.sgx.com/FileOpen/CMT3Q201...eID=260870

Presentation Slides: http://infopub.sgx.com/FileOpen/CMT3Q201...eID=260874

Quote:

CMT’s 3Q 2013 distributable income up 9.7% year-on-year
- DPU of 2.56 cents representys a 5.8% increase over the 2.42 cents for 3Q 2012.

- 3Q 2013 Net Property Income up 12.9% year-on-year

- Tampines Mall to begin asset enhancement works in 1Q 2014

(not vested)

Westgate to open its doors to shoppers on 2 December

-Brings city lifestyle to the west of Singapore
-Engages families and the community with social spaces and the arts
-Fairs, performances and attractive prizes to mark mall’s opening

News Release

(30-11-2013, 12:11 AM)Dividend Warrior Wrote: [ -> ]Westgate to open its doors to shoppers on 2 December

-Brings city lifestyle to the west of Singapore
-Engages families and the community with social spaces and the arts
-Fairs, performances and attractive prizes to mark mall’s opening

News Release

I thought Westgate is going to be part of Capitamall Asia and not Capitamall Trust. Furthermore, looking at the structure of Capitamall Asia, they have an interest in CapitaMall Trust but not vice versa.

Did I get anything wrong?

(30-11-2013, 10:48 PM)kazukirai Wrote: [ -> ]I thought Westgate is going to be part of Capitamall Asia and not Capitamall Trust. Furthermore, looking at the structure of Capitamall Asia, they have an interest in CapitaMall Trust but not vice versa.

Did I get anything wrong?

it was CMA (50%), CMT (30%), CapitaLand (20%) joint development. I think this is the first greenfield for retail reit in Singapore and they have to tap on capability of the developer

(30-11-2013, 10:58 PM)shanrui_91 Wrote: [ -> ]it was CMA (50%), CMT (30%), CapitaLand (20%) joint development. I think this is the first greenfield for retail reit in Singapore and they have to tap on capability of the developer

Thanks Shanrui for the clarification!