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CapitaLand's acquisition of Ascendas-Singbridge gets overwhelming nod from shareholders

The deal will vault CapitaLand to be among the top 10 real estate investment managers globally

Over 2,000 shareholders and proxies attended the EGM, where CapitaLand president & CEO Lee Chee Koon shared the strategic benefits of the transaction and addressed their concerns.


SHAREHOLDERS raised some concerns over CapitaLand's proposed acquisition of Ascendas-Singbridge (ASB) at an extraordinary generating meeting (EGM) on Friday before overwhelmingly giving their blessing for the deal.

The property developer is...

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