[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12).
CapitaLand Investment (CLI): The manager of CapitaLand China Trust (CLCT), a CLI subsidiary, on Thursday proposed the establishment and listing of a publicly traded infrastructure securities investment fund, CapitaLand Commercial C-Reit, on the Shanghai Stock Exchange. CLCT is also divesting 100 per cent of its interest in CapitaMalls Hunan Commercial Property, the entity that owns CapitaMall Yuhuating, as part of its participation in the commercial real estate investment trust (C-Reit) listing. Shares of CLI closed 0.8 per cent or S$0.02 higher at S$2.61 on Wednesday.
TalkMed: The tertiary healthcare service provider on Thursday announced that the first court hearing for its proposed privatisation will take place at 2.30 pm on Jun 17. This follows a joint announcement with offeror TW Troy regarding the proposal…
