Corporate digest

CapitaLand

CAPITALAND Limited announced on Wednesday that its wholly owned subsidiaries, C31 Ventures Fund 1 Pte Ltd (C31VF1) and C31VF1-065C Pte Ltd (065C), have increased their respective issued and paid-up share capital. This was by way of an allotment of additional redeemable preference shares (RPS) for cash consideration to their existing shareholders.

The number of RPS is three million with a cash consideration of S$3 million for each subsidiary.