CapitaLand crushes inactive subsidiaries
Mezzo Capital, CapitaMezzo and CapitaLand Residential Fund Management are now dissolved.
In an SGX release, further to its announcement dated 29 December 2011, CapitaLand Limited announced that the following dormant wholly-owned subsidiaries incorporated in Singapore which had been placed under members’ voluntary liquidation, have been dissolved:
(1) Mezzo Capital Pte. Ltd.;
(2) CapitaMezzo Management Pte. Ltd.; and
(3) CapitaLand Residential Fund Management Pte. Ltd.
The dissolution of the above companies 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.