SINGAPORE, Nov 20 - CapitaMalls Asia Ltd
said it has agreed to buy a shopping mall in Guangzhou for 2.2
billion yuan ($361 million) in the Singapore property
developer's first foray into one of the largest and most
prosperous cities in China.
Shares in CapitaMalls Asia Ltd (CMA) gained 2.8
percent, supported by positive broker comments after the
shopping mall developer reported a 41 percent jump in quarterly
operating profit after tax and minority interests.