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CapitaLand Investment may pave way for other real estate investment managers to list on SGX
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Published Tue, Aug 17, 2021 · 09:50 PM
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.
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