Check out CapitaMalls Asia's top company jewels

It could juice $15m from newbie Star Vista.

According to Maybank Kim Eng, CapitaMalls Asia is one of the best proxies to gain exposure to the consumer markets in Asia and China. Currently with 59 malls across China, CMA will be a major beneficiary as private consumption grows.

It is also not resting on its laurels within Singapore, where both Westgate and Bedok Mall are scheduled to open by 2013.

CMA’s tenants continue to enjoy fairly steady sales. In Singapore, shopper traffic may have fallen marginally by 0.8% in 9M12, but tenant sales still edged up by 1.7% on a psf basis.

Here's more from Maybank Kim Eng:

Tenant sales in China grew by 10.7% in 9M12, but outside of the Tier 1 cities, tenants enjoyed even more robust growth of 14.2%, underpinning CMA’s same-mall 9M12 NPI growth of 18.4% in China.

Flurry of mall openings in 3Q12. CMA opened six new malls in the quarter, namely in Beijing, Rizhao, Wuhan and Harbin, as well as Raffles City Ningbo and Raffles City Chengdu.

In addition, the Star Vista in Singapore opened in September, with close to 90% of the NLA already committed. On a stabilized basis, the Star Vista is expected to contribute SGD15m to the PATMI annually.

Potential capital recycling in 2013? With a cash position of ~SGD600m and net gearing of 0.3x, CMA remains in strong financial health. Nonetheless, we see some monetization possibilities in 2013.

For example, Queensbay Mall (last valued at SGD292m) may potentially be sold to CapitaMall Malaysia Trust. CMA’s 50% stake in ION Orchard, valued at over SGD1.4b, could possibly be acquired by CapitaMall Trust. The timing of such divestments will depend on whether acquisition opportunities arise for CMA to redeploy its capital.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia