Retail REIT CapitaLand Mall Trust (SGX:C38U) held its AGM for FY2019 on Friday, 26 June 2020, at 4pm. Due to the ongoing Covid-19 outbreak, along with the safe distancing measures implemented by the Singapore government, the meeting was held online.
I have attended the meeting as a unitholder and in this post, you will find a summary of the most important pointers of CEO Tony Tan Tee Hieong’s presentation to take note of (which I have compiled for the benefit of unitholders who did not manage to attend the meeting):
Key Highlights of FY2019:
- Distributable income have grew steadily over the years, and in the latest financial year under review (i.e. FY2019), it saw a 7.5% year-on-year (y-o-y) improvement to S$441.6m. Correspondingly, the REIT saw