Goodbye, SGX: CapitaMalls to be delisted starting July 22

CapitaLand has finally completed its acquisition.

CapitaLand Limited today announced that it has completed its compulsory acquisition of the remaining shares of CapitaMalls Asia Limited (CMA) that it did not acquire during its takeover offer for the shares of CMA.

With effect from 21 July 2014 when the compulsory acquisition exercise will be completed, CMA will become a wholly-owned subsidiary of CapitaLand. CMA will also be delisted from the Singapore Exchange and Hong Kong Exchange with effect from 9 am on 22 July 2014.

“As One CapitaLand, our leadership position will be further strengthened. It will enable us to accelerate growth in our global portfolio to enhance returns and create sustainable value for our shareholders. We will work towards building CapitaLand into a leading global enterprise that enriches people and communities through high-quality real estate products and services.”