CapitaLand puts up CapitaLand A One Pte Ltd
The new subsidiary’s principal activity will be investment holding.
CapitaLand announced the establishment of CapitaLand A One Pte. Ltd. as part of its ongoing business development.
The subsidiary was incorporated in Singapore, with share capital of S$1 comprising one ordinary share.
The company said the establishment of CapitaLand A One 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.