CapitaMall Trust (“CMT”, and manager of CMT, the “Manager”), announced that the Manager has obtained a new independent valuation, as of 1 June 2007, for RCS Trust which CMT has a 40% interest. The Raffles City 250 & 252 North Bridge Road,2 Stamford Road and 80 Bras Basah Road is valued at S$2,411 millions.
CMT announced that it will release CMT’s financial results for the 2nd Quarter of 2007 ended 30 June 2007 on Friday, 27 July 2007.
*CMT’s 40% interest in Raffles City amounted to S$964.4 million.
July 2007 - Substantial Investor reducing stakes in CMT REIT
20-7-2007 - Temasek from 32.99% to 31.98%
Last done price: $4.04 SGD
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