Capitaland announced voluntary liquidation of dormant subsidiary

Management says the liquidation of its 75%-owned subsidiary LCR Drayton will have no any material impact to CapitaLand.

LCR Drayton has been dormant since December 2011.

“The voluntary liquidation of LDPL 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,” the press release read.

“None of the Directors or the controlling shareholder of CapitaLand has any interest, direct or
indirect, in the voluntary liquidation of LDPL,” it added.

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