CapitaLand Investment subsidiary placed under members’ voluntary liquidation

Citadines Melbourne On Bourke has ceased business operations.

CapitaLand Investment Limited (CLI) said the Citadines Melbourne On Bourke, its wholly-owned subsidiary in the British Virgin Islands, has been placed under members’ voluntary liquidation.

In a disclosure, CLI said the liquidation is not seen to have any material impact on the CapitaLand Group’s net tangible assets or earnings per share this year.

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The Subsidiary has stopped operations and has been dormant.

It added that none of the directors or controlling shareholders has any interest in Citadines Melbourne’s liquidation.

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CapitaLand Investment Limited

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