CapitaLand proposes scrip dividend scheme; opens star attraction at Chongqing mall

Singapore

PROPERTY giant CapitaLand has proposed a scrip dividend scheme which will allow shareholders to receive their cash dividends in new shares.

The scheme will allow shareholders to participate in the company's shares without incurring brokerage fees, stamp duty and other related costs, CapitaLand said in a regulatory update on Friday.