CMMT's leadership change no cause for concern

Kuala Lumpur

AN impending leadership change at CapitaMalls Malaysia Trust (CMMT) is not expected to cause any disruptions, as the appointed successor is an "insider" familiar with its operations.

"Despite investors' concerns on the change of guard, we believe that CMMT's future performance is unlikely to be affected," said RHB Investment analyst Alia Arwina in a client note on Thursday.

CMMT deputy CEO Low Peck Chen will replace Sharon Lim Hwee Li as non-independent executi…