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CapitaLand Limited Announces Dissolution Of Subsidiary


Tuesday, 22 Oct 2013 05:32am EDT 

CapitaLand Limited announced that Adelphi Property Pte Ltd (APPL), its dormant wholly-owned subsidiary incorporated in Singapore which was placed under members’ voluntary liquidation, has been dissolved. The dissolution of APPL is not expected to have any material impact on the net tangible assets or earnings per share of the CapitaLand Group for the financial year ending December 31, 2013.