CapitaLand dissolves 2 dormant subsidiaries

Management maintains no material impact on earnings.

CapitaLand Limited announced that its two subsidiaries incorporated in Singapore which had been placed under members’ voluntary liquidation, have been dissolved.

These dormant subsidiaries are LCR Drayton Pte Ltd and Stanhope Investments Pte Ltd.

The dissolution of the above companies 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 2013.

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