CapitaLand says Temasek to buy 40 pct of rights issue

Reuters, 9 Feb 2009, Kevin Lim

SINGAPORE, Feb 9 (Reuters) - CapitaLand (CATL.SI), 40 percent-owned by Temasek Holdings [TEM.UL], said on Monday the state investor would subscribe to 40 percent of its S$1.84 billion ($1.23 billion) fund-raising via a 1-for-2 rights issue.

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