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Capitaland Limited Announces Merger Of Wholly-owned Subsidiaries, Capitaland Management (china) Co., Ltd. And Capitaland Management Consulting (shanghai) Co., Ltd.

Friday, 27 Sep 2013 06:43am EDT 

Capitaland Limited announced the merger of its wholly-owned subsidiaries, CapitaLand Management (China) Co., Ltd. (CMCC) and CapitaLand Management Consulting (Shanghai) Co., Ltd. (CMC) (the Merger) for the purpose of operational efficiencies. CMCC and CMC are companies incorporated in the People‚Äôs Republic of China each with a registered capital of USD36.54 million (approximately SGD46.58 million) and USD0.5 million (approximately SGD0.64 million), respectively. Upon the Merger, CMCC is the surviving entity with a registered capital of USD37.04 million (approximately SGD47.22 million).