CapitaLand Investment may pave way for other real estate investment managers to list on SGX
SHAREHOLDERS of CapitaLand have had plenty to cheer about over the last few months.
The property group recently posted a net profit of S$922 million for the first six months of 2021, putting it well on track to reversing its full-year loss in 2020.
The share price is up by around 20 per cent compared to where it last traded prior to announcing a major restructuring plan in March, closing at S$3.96 on Tuesday.
Shareholders have recently given the nod to the group's plan to split its business into …
A NEWSLETTER FOR YOU
Property Insights
Get an exclusive analysis of real estate and property news in Singapore and beyond.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try