The Business Times
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COMMENTARY

CapitaLand's morphing into CLIM could provide a template for others

They may also privatise their development businesses while keeping their investment, lodging segments listed

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Leslie Yee

Leslie Yee

Published Mon, Mar 22, 2021 · 09:50 PM

    MINORITY shareholders appear to be the immediate winners from CapitaLand's restructuring exercise as the implied consideration for each share based on current share capital is S$4.102.

    This represents a 24 per cent premium to the property group's last closing price of S$3.31 on Friday.

    Looking ahead, how much of a winner the deal is for CapitaLand's shareholders, who will become shareholders of CapitaLand Investment Management (CLIM), hinges on the financial and share price performance of CLIM.

    Property developersTemasekSingapore propertyCapitaLand

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