ECM keeps 'buy' call on CapitaMalls

ECM Libra Capital Sdn Bhd has maintained a 'buy' call on CapitaMalls Malaysia Trust with unchanged target price of RM1.50. In a research note today, ECM Libra said CapitaMalls'' six-month financial year 2011 distributable income of RM55.8 million was within expectations. "It achieved 47 per cent and 49 per cent of house and consensul full-year estimates respectively," it said. It said a ...

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Source: Business Times

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