CapitaLand strikes off dormant resorts business

12 Jun 2012 - Singapore Business Review
CapitaLand Integrated Resorts has been removed from the Register of Companies for its dormancy. In a release, CapitaLand Limited announced that its wholly-owned subsidiary, CapitaLand Integrated Resorts Pte. Ltd., has applied to the Registrar of Companies to be struck off from the Register of Companies ...
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CapitaLand to get $50m from the sale of its serviced residence property arm

6 Jun 2012 - Singapore Business Review
Citadines Ashley Hong Kong will no longer be CapitaLand's subsidiary upon completion of the agreement by 31 October 2012. In a release, CapitaLand Limited announced the divestment of the serviced residence property known as “Citadines Ashley Hongkong” in Tsim Sha Tsui, Hong Kong, for a cash consideration ...
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What are CapitaLand's growth pillars?

4 May 2012 - Singapore Business Review
The property developer is leaning heavily on local and Chinese residential and mall projects to propel its earnings. In Singapore, the potential profitmaker will be the newly launched Sky Habitat. While in China, The Metropolis and The Pinnacle as well as a retail site in Beijing should keep income flowing ...
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Capitaland announced voluntary liquidation of dormant subsidiary

23 Mar 2012 - Singapore Business Review
Management says the liquidation of its 75%-owned subsidiary LCR Drayton will have no any material impact to CapitaLand. LCR Drayton has been dormant since December 2011. “The voluntary liquidation of LDPL is not expected to have any material impact on the net tangible assets or earnings per share of ...
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CapitaLand completed acquisition of Shanghai property

23 Mar 2012 - Singapore Business Review
Capitaland announced additional 50% interest in Innov Tower, Shanghai. In its announcement made on 17 August 2011, CapitaLand had stated that completion of the acquisition of an additional 50% interest in Caike Property (Shanghai) Co., Ltd. was expected to take place in the fourth quarter of 2011. The ...
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CapitaLand unit secures first serviced residence in Xiamen

21 Mar 2012 - Singapore Business Review
Portfolio in China increases to over 8,000 apartment units in 42 properties across 17 cities. CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has secured a contract to manage its first serviced residence in Xiamen. Slated to open in late 2012, the 169-unit Citadines ...
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