250 views
Logo from CapitaLand Investment.

CapitaLand Investment subsidiary placed under members’ voluntary liquidation

Citadines Melbourne On Bourke has ceased business operations.

CapitaLand Investment Limited (CLI) said the Citadines Melbourne On Bourke, its wholly-owned subsidiary in the British Virgin Islands, has been placed under members’ voluntary liquidation.

In a disclosure, CLI said the liquidation is not seen to have any material impact on the CapitaLand Group’s net tangible assets or earnings per share this year.

ALSO READ: CapitaLand India Trust issuing 141 million new units to raise $150.1m 

The Subsidiary has stopped operations and has been dormant.

It added that none of the directors or controlling shareholders has any interest in Citadines Melbourne’s liquidation.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.