CapitaLand beefs up business development with new subsidiary

Ascott Holdings (Europe) Pte Ltd, CapitaLand's latest indirect wholly-owned subsidiary has issued and paid-up share capital of S$1 comprising 1 ordinary share.

Incorporated in Singapore, the subsidiary's principal activity is investment holding.

None of CapitaLand’s Directors or its controlling shareholder has any interest in this transaction.

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