CLMT's acquisition marks its entry into the industrial market, diversifying its geographical footprint to Johor. CEO Tan Choon Siang believes this will strengthen CLMT's portfolio and position it for growth in 2024.

Analysts predict CLMT's future earnings growth to be driven by positive rental reversions and stable occupancy rates. Kenanga Research emphasized CLMT's resilient earnings in a competitive market, especially in Klang Valley, and its strategic diversification into the industrial and logistics sector.

Chairman Lui Chong Chee credits strategic investments and proactive asset and capital management for the trust's performance. CEO Tan Choon Siang says refreshing the tenant mix and introducing new brands led to increased retail portfolio occupancy and positive rental reversion in FY2023.

Good morning mooers! Here are things you need to know about today's market:
●U.S. Stocks Dip Slightly as Investors Weigh Strong Economic Data and Corporate Earnings Against Fed Rate Cut Expectations
●Inflation to Remain Consumers' Top Concern in 2024, Capping Headroom for Gross Profit Margins to Expand
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CLMT's CEO is optimistic about the trust's performance despite upcoming tax changes, expecting a mid-to-high single digit growth in rental reversions for FY2024. He sees potential in the industrial sector, particularly in the expanding manufacturing and e-commerce markets.

Good morning mooers! Here are things you need to know about today's market:
●U.S. stocks close at year highs, market looks towards FOMC decision
●Strong 4Q on the cards
●Construction companies set to benefit from big infrastructure projects
●Malaysia's palm oil stocks falls 1.09% to 2.42 mln tonnes in November
●Bursa Malaysia Derivatives launches first currency futures contract
●Stocks to watch: CLMT, Yinson, Malakoff
-moomoo Ne...

Good morning mooers! Here are things you need to know about today's market:
●The Dow Jones Industrial Average climbs for 13 straight sessions
●Bursa Malaysia extended yesterday's gains to open higher on Thursday
●Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
●Stocks to watch: Alliance Bank, CIMB, Tanco, Pecca, JAKS Resources, Sasbadi, Dayang Enterprise, CapitaLand Malaysia Trust, Axis REIT
-moomoo New...