Brief: Capitaland Ltd Announces Divestment Of Three Malls In China For RMB2,960 Mln

CapitaLand China Trust

11/06/2019 24:31

June 11 (Reuters) - Capitaland Ltd  CATL.SI :
    * CAPITALAND TO DIVEST THREE MALLS IN CHINA FOR RMB2,960
MILLION
    * SALE WILL GENERATE FOR CAPITALAND PROCEEDS OF ABOUT
S$239.9
MILLION AND A NET GAIN OF ABOUT S$37.6 MILLION
    * CAPITALAND HAS INDICATED IT INTENDS TO TAKE UP ITS
PRO-RATA
ENTITLEMENT
    * UNIT AND ASSOCIATED COMPANIES ENTER AGREEMENT WITH
CAPITALAND
RETAIL CHINA TRUST TO DIVEST THREE MALLS IN CHINA FOR RMB2,960
MILLION

Source text for Eikon:  ID:nSNZ3XxvrF 
Further company coverage:  CATL.SI 

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