Bloomberg.com
30 Jul 2008
July 31 (Bloomberg) -- Australand Property Group, the Australian unit of Singapore's CapitaLand Ltd., dropped by a record 21 percent after net income fell 79 percent and the company sold new shares to pay down debt.
The stock tumbled 20.5 cents to a record-low 77 Australian cents as of 10:06 a.m. in Sydney on the Australian stock exchange, the biggest decline since it started trading in June 1997.
>>>> More