REPL::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 17:11:41
Status: Replacement
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): The amended joint announcement, news release and investor presentation issued by 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, on the above matter are attached for information:-

(a) Amended Joint Announcement: Proposed Strategic Restructuring and Demerger of the Investment Management Business of CapitaLand Limited (The attached joint announcement supersedes the previous joint announcement released at 11:30:46 on 22 March 2021);
(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