Mapletree Investments FY14 earnings down 7.8%

Singapore

MAPLETREE Investments, a fully owned subsidiary of Temasek Holdings, has posted net earnings of $859.4 million for the year ended March 31, 2014 (FY2014), down 7.8 per cent from the preceding financial year which included major divestment gains.

Mapletree Anson in Singapore was sold in February 2013 to Mapletree Commercial Trust and Festival Walk in Hong Kong was sold to Mapletree Greater China Commercial Trust in March 2013.