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

Reuters
19 Dec 2024
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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