News

Cessation Of Negotiations Regarding Asia Square Tower 1

Back04 Nov 2015
Announcement Title General Announcement
Announcement Subtitle Cessation of negotiations regarding Asia Square Tower 1
Securities CAPITALAND LIMITED (CAPLAND)
Date & Time of Broadcast Nov 4, 2015 6:43
Submitted By Michelle Koh
Company Secretary
Description CapitaLand Limited ("CapitaLand") refers to its earlier statement on 14 October 2015 regarding the potential acquisition of Asia Square Tower 1. CapitaLand wishes to update that parties have for now ceased negotiations regarding the potential acquisition. CapitaLand will continue to explore opportunities which fit in the Group's strategy and the terms of which allow the Group to generate the required returns.