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CapitaLand close to gaining 90% control of CMA

68 Holdings says it controls 50.89% of HPL

Published Wed, Jun 4, 2014 · 10:00 PM
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CAPITALAND, which aims to take CapitaMalls Asia (CMA) private, is on the verge of gaining 90 per cent control just days before its extended offer closes on June 9.

Sound Investments Holdings, the wholly owned subsidiary through which CapitaLand is making the offer, said that as at Tuesday, it and its concert parties owned, controlled or have …

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