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CapitaLand's Ming Zhu HK goes under MVL

The company was CapitaLand Investment's wholly-owned subsidiary.

CapitaLand Investment (CLI) announced the placement of Ming Zhu Investments Hong Kong under members' voluntary liquidation (MVL).

CapitaLand said the wholly-owned subsidiary's liquidation does not have a material impact on the net tangible assets or earnings per share of the CLI group for the financial year ending 31 December 2022.

CLI added none of the directors has any interest, direct or indirect, in the liquidation of Ming Zhu.

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