CapitaLand launches CVH China Investment
CVH has a share capital of S$1 comprising one ordinary share.
In a release, CapitaLand Limited announced the establishment of the following wholly-owned subsidiary incorporated in Singapore as part of its ongoing business development:
CVH China Investment Pte. Ltd.will be principally involved in investment holding, with share capital of S$1 comprising one ordinary share.
The establishment of the above subsidiary 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 2012.