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CapitaMall shares rise to 1 1/2-year high

Manager warns of headwinds in Europe, China but sees SG50 celebrations as a counter to external economy

Singapore

CAPITAMALL Trust, the largest listed mall owner in Singapore and typically seen as a defensive play, reported a steady set of results on Friday and saw its trading counter rise four cents to a 11/2-year high of S$2.25 a unit.

This is even as Wilson Tan, the CEO of

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