CapitaLand liquidates Adelphi Property
The wholly-owned subsidiary has been dormant.
CapitaLand Limited announced that it is voluntarily liquidating Adelphi Property Pte Ltd, a company incorporated in Singapore.
The voluntary liquidation of APPL 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.