CapitaCommercial Trust clears issue on Twenty Anson deal

It corrects a Business Times article, saying there is no certainty of the $400m deal materializing.

In a statement, the group referred to the news article titled, “Twenty Anson close to being sold for over $400m” reported in The Business Times on 6 February 2012.

As a clarification, the group stated:

CapitaCommercial Trust Management Limited, as a proactive manager of CapitaCommercial Trust, constantly evaluates investment opportunities with a view to enhancing the value of CCT’s portfolio. In relation to the subject property, it is but one of a few opportunities we are currently evaluating. As there is no certainty of the deal materializing, unitholders are advised to exercise caution in trading the units of CCT.