CapitaLand: No decision to raise funds

Property-report.com, 29 Jan 2009, Khalil Adis

CapitaLand said it has not made a decision to raise funds via a rights issue following media reports that is seeking to do so.

"CapitaLand wishes to state that it has received and is continuing to receive various proposals for fund raising. These proposals include rights issues. CapitaLand has not made any decisions. If and when there are any material developments, CapitaLand would make the appropriate announcement on the SGX-ST in accordance with the Listing Rules of the SGX-ST," CapitaLand said in a filing to the Singapore stock exchange.

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