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

Issuer & Securities

Issuer/ Manager
ASCOTT RESIDENCE TRUST MANAGEMENT LIMITED
Securities
ASCOTT RESIDENCE TRUST - SGXC16332337 - HMN
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

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.

Attachments

Related Announcements

Related Announcements

22/03/2021 17:11:41