新闻
CapitaLand Investment: Sale Of 4.88% Interest In CapitaLand Ascott Trust.
19 Dec 2024 17:53As part of CapitaLand Investment Limited's asset-light growth strategy, its wholly-owned subsidiary, The Ascott Limited, has sold 185,253,000 stapled securities in CapitaLand Ascott Trust, representing approximately 4.88% in CLAS, at the closing price of CLAS' stapled securities traded on 18 December 2024, to an unrelated third party for an agreed consideration of approximately S$162 million. Following the Transaction, CLI Group's holdings in CLAS has decreased from approximately 28.92% to approximately 24.04%. CLI Group expects to record a loss of approximately S$141 million in respect of the Transaction...
More information available here.
Source: ShareInvestor Express
