REPL::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 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.
Attachments
20210322_CL_Joint_Announcement_Restructuring.pdf
20210322_CL_News Release_Restructuring.pdf
20210322_CL_Slides_Restructuring.pdf
Total size =4562K
Related Announcements
Related Announcements
22/03/2021 11:30:46