Thursday, September 06, 2012

CapitaLand units boost share capital

CapitaLand’s two wholly-owned subsidiaries – CH Residential Pte Ltd (CHR) and CH Commercial Pte Ltd (CHC) – have both raised their issued and paid-up share capital to S$1 million from S$2.
Both CHR and CHC allotted an additional 999,998 ordinary shares for the share increase which will be used to finance the working requirements of the companies.

The share increase will not affect earnings per share or net tangible assets of CapitaLand for the financial year ending 31 December.

View the original article here

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