General Announcement::CL : Proposed Strategic Restructuring and Demerger of the Investment Management Business

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 22-Mar-2021 11:27:31
Status: New
Announcement Sub Title: CL : Proposed Strategic Restructuring and Demerger of the Investment Management Business
Announcement Reference: SG210322OTHRTPFR
Submitted By (Co./ Ind. Name): Mary Judith de Souza
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): CapitaLand Limited ("CL"), the holding company of Ascendas Property Fund Trustee Pte. Ltd. (the trustee-manager of Ascendas India Trust) has today issued an announcement on the above matter. Please refer to the following attachments:-

(a) Announcement : Proposed Strategic Restructuring and Demerger of the Investment Management Business of CL;
(b) News Release : CapitaLand proposes restructuring to sharpen business focus and unlock shareholder value; and
(c) Investor Presentation: Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management.

Total size =4562K