Asset Acquisitions and Disposals::Transfer of Shanghai Jingyi Industrial, Shanghai Rungong Industrial and Shanghai Runrong Industrial
https://links.sgx.com/1.0.0/...2864cff9f4eeeaf5cb2d3c5ea491caff1d37d1 CapitaLand Limited (“CapitaLand”) wishes to announce that its wholly owned subsidiary, CLC Investment Five Pte. Ltd., has transferred 100% of its equity interest in each of (i) Shanghai Jingyi Industrial Co., Ltd. (“SJYI”); (ii) Shanghai Rungong Industrial Co., Ltd. (“SRGI”); and (iii) Shanghai Runrong Industrial Co., Ltd. (“SRRI”) to Adventurine Investments Limited (“AIL”) for an aggregate cash consideration of S$399 million (approximately RMB1,996 million) (the “Consideration”) (the “Transfer”).
Asset Acquisitions and Disposals::Increase in shareholding in Southernwood Property Pte. Ltd.
https://links.sgx.com/1.0.0/...89652266a26cf05be4af92c5a74bf2b4246d38 CapitaLand Limited (“CapitaLand”) wishes to announce that it has increased its shareholding in its 65% owned subsidiary,Southernwood Property Pte. Ltd.(“SPPL”).The increase (“Share Increase”) is a result of SPPL allotting an additional 18,000,000 ordinary shares at an issue price of S$1 per sharefor a total cash consideration of S$18,000,000tothe following shareholders:
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