$CapitaLandInvest(9CI.SI)$ Cap

CapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million

With this transaction, Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate.

With the transaction, CLI’s holdings in Clas decreased to 24.04% from 28.92%

Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate of its parent company.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":383305749320088,"tweetId":"383305749320088","gmtCreate":1734621819698,"gmtModify":1734621824350,"author":{"id":4145577437639082,"idStr":"4145577437639082","authorId":4145577437639082,"authorIdStr":"4145577437639082","name":"Star in the Sky","avatar":"https://community-static.tradeup.com/news/37e252252b1b80ac71983f2ee5cfe8fb","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":7,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.01","individualDisplayEnabled":0},"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.10","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":127,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/9CI.SI\">$CapitaLandInvest(9CI.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nCapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million\nWith this transaction, Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate.\nWith the transaction, CLI’s holdings in Clas decreased to 24.04%&nbsp;from 28.92%\nClas will no longer be a subsidiary of CLI, and will instead be accounted as an associate of its parent company.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/9CI.SI\">$CapitaLandInvest(9CI.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nCapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million\nWith this transaction, Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate.\nWith the transaction, CLI’s holdings in Clas decreased to 24.04%&nbsp;from 28.92%\nClas will no longer be a subsidiary of CLI, and will instead be accounted as an associate of its parent company.</body></html>","text":"$CapitaLandInvest(9CI.SI)$ CapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million With this transaction, Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate. With the transaction, CLI’s holdings in Clas decreased to 24.04% from 28.92% Clas will no longer be a subsidiary of CLI, and will instead be accounted as an associate of its parent company.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/383305749320088","repostId":0,"isVote":1,"tweetType":1,"viewCount":470,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["9CI.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":349,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/383305749320088"}