CapitaLand Investment winds up dormant China subsidiary

The voluntary liquidation of the unit will have no impact on the group's earnings.

CapitaLand Investment Limited (CLI) has placed its 51%-owned subsidiary in China, Ya Tu Property Management (Shanghai) Co., Ltd. (YATU SH), under members’ voluntary liquidation.

CLI said in a statement on 7 August that YATU SH had ceased business activities and had been dormant.

The liquidation is not expected to have any material impact on the net tangible assets or earnings per share of the CLI Group for the financial year ending 31 December 2026.

“None of the Directors or the controlling shareholder of CLI has any interest, direct or indirect, in the liquidation of YATU SH,” CLI said.

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CapitaLand Investment Limited

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