Analysts reiterate 'buy' call on CapitaLand after mall divestment

CapitaLand's divestment of 20 malls in China, which is expected to yield a net gain of $75 million, came as part of a decision to shift its focus to first-tier and second-tier Chinese cities.
CapitaLand's divestment of 20 malls in China, which is expected to yield a net gain of $75 million, came as part of a decision to shift its focus to first-tier and second-tier Chinese cities.PHOTO: CAPITALAND
Published
7 min ago