General Announcement::CapitaLand Limited: Proposed Strategic Restructuring & Demerger of Investment Management Business

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 22-Mar-2021 11:30:46
Status: New
Announcement Sub Title: CapitaLand Limited: Proposed Strategic Restructuring & Demerger of Investment Management Business
Announcement Reference: SG210322OTHRP9FS
Submitted By (Co./ Ind. Name): Karen Chan
Designation: Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below): CapitaLand Limited, the holding company of Ascott Residence Trust Management Limited, the manager of Ascott Real Estate Investment Trust and Ascott Business Trust Management Pte. Ltd., the trustee-manager of Ascott Business Trust, has today issued an announcement on the above matter. Please refer to the following attachments:-
(1) Joint Announcement with CLA Real Estate Holdings Pte. Ltd. - Proposed Strategic Restructuring and Demerger of the Investment Management Business of CapitaLand Limited;
(2) News Release - CapitaLand proposes restructuring to sharpen business focus and unlock shareholder value; and
(3) Presentation Slides - Strategic Restructuring of CapitaLand Limited and Listing of CapitaLand Investment Management.

Total size =4562K