Capitaland dissolves Temasek Tower subsidiary
Management maintains no material impact on earnings.
In a release, CapitaLand Limited announced that Temasek Tower Limited, its dormant wholly-owned subsidiary incorporated in Singapore which had been placed under members’ voluntary liquidation, has been dissolved.
The dissolution of TTL 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.