CMMT management announced Sungai Wang Plaza enhancement project with approximately RM 80 mil and they expect the said project to be complete in near future.
Sungai Wang Plaza enhancement project will give new shopping experience to shoppers and it might increase influx of customer crowd and maintain high occupancy in competitive environment.
CMMT Financial information:-
Dividend Yield (DY) : 7.21%
Average DY: 6.40% (Own Average calculation based on last 8 years dividend payout)
CMMT overcomes price correction phase after dividend payout.
150 MA 50 MA 30 MA showed bearish
MACD bullish with positive direction
Support point (1) : 1.098
Resistance point (1) 1.375