CapitaLand completes placement of its remaining stake in Australand

No longer an associated company.

In a disclosure to the Singapore Exchange, CapitaLand announced that its wholly-owned subsidiary, Ausprop Holdings Limited has completed the sale of its remaining stake of 226,220,441 stapled securities in Australand Property Group (Australand) and full settlement has taken place today.

The announcement further noted that following completion of the sale, Australand has ceased to be an associated company of CapitaLand.

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