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COMMENTARY

A big step by CapitaLand and Temasek in play for global stakes

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Capitaland's announcement that it would be acquiring Temasek subsidiary Ascendas-Singbridge (ASB) appears to be a positive development for the Singapore-listed developer and Temasek.

CAPITALAND'S announcement that it would be acquiring Temasek subsidiary Ascendas-Singbridge (ASB) appears to be a positive development for the Singapore-listed developer and Temasek.

In a briefing with analysts and the media, CapitaLand's CEO, Lee Chee Koon, said the deal which was

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