CapitaLand Malaysia Mall Trust | Annual Report 2020
OCTOBER › A distribution of 1.01 sen per unit which pertained to the period from 1 January 2020 to 30 June 2020 was paid to Unitholders. The Manager announced it had issued and allotted a total of 5,783,864 new units, which represented approximately 39.4% of the total number of new CMMT units, had all the entitled unitholders of CMMT elected to reinvest their respective electable portion under the DRP in new CMMT Units. › Announced the resignation of Mr Ng Chih Kaye and YBhg Dato’ Mohammed bin Haji Che Hussein as Independent Non-Executive Directors and cessation as Members of the Audit Committee with effect from 1 October 2020. › Announced the appointment of Mr Lui Chong Chee and Encik Mohd Yusof bin Hussian as Independent Non-Executive Directors and members of the Audit Committee with effect from 1 October 2020. › Official opening of Gurney Food Hall – the upscale contemporary food hall that showcases an intricate concept comprising a variety of details based on local elements with each zone – The Pier, The Port, The Palm and The Patio, representing the landmarks in Penang. › CMMT announced a DPU of 1.13 sen for the period 1 July 2020 to 30 September 2020. › Continued priority on safety andwell-being of shoppers, tenants and employees with the implementation of enhanced safety measures through innovative technology solutions at all CMMT properties. NOVEMBER › Launch of signature eDeals - STARVoucher, available exclusively on CapitaStar. › The Securities Commission Malaysia had registered the Fourth Amended and Restated Deed of CMMT on 25 November 2020. DECEMBER › CMMT jointly collaborated with Grab, Southeast Asia’s largest mobile technology company, with the initial inclusion of Gurney Plaza, East Coast Mall and The Mines inGrabMart Mix &Match, an on-demand everyday goods delivery service. JULY › Announced the resignation of Mr Ronald Tay Boon Hwee as Non-Independent Non-Executive Director with effect from 6 July 2020. › Announced the appointment of Mr Jonathan Yap Neng Tong as Non-Independent Non-Executive Director with effect from 6 July 2020. › CMMT’s DPU for the period 1 April 2020 to 30 June 2020 was 0.03 sen, which resulted in a total of 1.01 sen for the 1H 2020 income distribution. The DRP was applied on the 1H 2020 income distribution where the gross electable portion was 0.505 sen per unit representing 50% of the income distribution. › Gurney Plaza is the first shoppingmall to be certified by the Penang state government’s COVID-19 Accreditation Programme for adherence to strict hygiene and safety standards. › Majlis Bandaraya Petaling Jaya awarded 3 Damansara with a 5-star rating for public toilet cleanliness. › CapitaLand and CMMT rewarded shoppers with CashBack STARVouchers as part of the month-long Cash Back Now campaign. AUGUST › CMMT re-fixed the interest rate for part of the existing fixed rate secured term loan for two years. SEPTEMBER › Gurney Plaza completed the asset enhancement initiative to create a contemporary food hall on Level 4 to offer more dining options for shoppers. 13 BECAUSE TOMORROW MATTERS
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