CapitaLand arm de-registers subsidiary in HongKong

CapitaRetail China Investments had been inactive.

According to the release, CapitaRetail China Trust Management Limited as manager of CapitaRetail China Trust, announced that CRCT’s dormant wholly-owned subsidiary, CapitaRetail China Investments V2 (HK) Limited, a company incorporated in Hong Kong, had on 7 December 2012 been de-registered in Hong Kong pursuant to Section 291AA(9) of the Companies Ordinance of Hong Kong.

The above de-registration is not expected to have any material impact on the net tangible assets or earnings per unit of CRCT for the financial year ending 31 December 2012. None of the directors of CRCTML or the controlling unitholders of CRCT has any interest, direct or indirect, in the above transaction.