CapitaLand announces key executive appointments

CapitaLand has made several key executive appointments to drive its next phase of growth. 

With the fulfillment of all conditions precedent, the group is on track to complete its transaction with Temasek to acquire all the issued shares of each of Ascendas and Singbridge by end June 2019.  

The proposed transaction earlier received overwhelming approval by CapitaLand’s independent shareholders at an extraordinary general meeting held on April 12, 2019.

When the transaction is completed, CapitaLand will become one of Asia’s largest diversified real estate groups with more than S$123 billion ($89 billion) of assets under management. For its commercial, retail, business park, industrial and logistics, integrated development, urban development, and residential businesses, the enlarged group will be organized along geographical