
Nearly there: CapitaLand acquires 90% of CapitaMalls Asia
Months of wooing almost over for CMA.
CapitaLand now owns more than 90% of the issued shares of CapitaMalls Asia Limited, the group announced in a statement on Thursday.
As of 5pm on 4 June 2014, CapitaLand and its concert parties owned, controlled or have
agreed to acquire an aggregate of 3,614,324,178 CMA shares, representing approximately 92.7% of CMA’s issued share capital.
CapitaLand has submitted an application to the Singapore Exchange for the delisting of
CMA. CMA shares will be suspended from trading after the close of the Offer on 9 June 2014 unless extended.
CMA shareholders who have not accepted the Offer but wish to do so, can still tender
their acceptances by completing and returning the appropriate acceptance form enclosed
with the Offer Document by 5:30pm on 9 June 2014 unless extended.
CMA shareholders whose valid acceptances are received by the closing date will be paid
within 10 days from the date of receipt.