CapitaLand dissolves Cairnhill Place
The subsidiary has been dormant.
According to a release, CapitaLand announced that Cairnhill Place (1999), its dormant wholly-owned subsidiary incorporated in Singapore which had been placed under members’ voluntary liquidation, has been dissolved.
"The dissolution of CP 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 31 December 2013," CapitaLand noted.