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CapitaLand acquiring another 80% stake in CBKH

The stake is currently held by a China development fund managed by the developer

CAPITALAND is acquiring another 80 per cent interest in CapitaLand (Beijing) Kai Heng Holdings Pte Ltd (CBKH) that it does not already own from a group-managed China fund for 220.2 million yuan (S$45 million).

CBKH, which will become a fully owned subsidiary of CapitaLand post-transaction...

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