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CapitaLand-linked counters see active trading
Analysts optimistic about acquisition of Ascendas-Singbridge; CapitaLand counters inch up, Ascendas Reit gains almost 2%
Published Tue, Jan 15, 2019 · 09:50 PM
Singapore
CAPITALAND'S proposed S$11.3 billion acquisition of Ascendas-Singbridge (ASB) set investors abuzz early this week, and as expected, trades were fast and furious on Tuesday when the counters involved in the deal returned to active trading.
About 20.4 million CapitaLand shares were traded on Tuesday, closing one Singapore cent or 0.31 per cent higher at S$3.28.
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