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Tuesday, November 03, 2009

Update on Capitaland Proposed Listing of CapitaMalls Asia

Capitaland announced yesterday that it had lodged the preliminary prospectus for the proposed listing of its integrated shopping mall business, CapitaMalls Asia.

More details of the announcement is available here:$file/CL.Lodgement.PrelimProspectus.2Nov2009.pdf?openelement

According to a Channel NewsAsia reporting, the listing price is expected to be between S$1.98 and S$2.39 a share. With issue manager being DBS, will there be a private placement for DBS Vickers customers?

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