BRIEF-Capitaland Investment Announces Sale Of 4.88% Interest In Capitaland Ascott Trust

Reuters

2024-12-19

BRIEF-Capitaland Investment Announces Sale Of 4.88% Interest In Capitaland Ascott Trust

Dec 19 (Reuters) - Capitaland Investment Ltd CAPN.SI:

SALE OF APPROXIMATELY 4.88% INTEREST IN CAPITALAND ASCOTT TRUST
AGREED CONSIDERATION OF S$162 MILLION
EXPECTS TO RECORD A LOSS OF S$141 MILLION ON TRANSACTION

Further company coverage: CAPN.SI

((Reuters.Briefs@thomsonreuters.com;))

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