Monday, July 11, 2011
Capitaland/Australand
Capitaland/Australand: Australand intends to delist from SGX which is its secondary listing. Shareholders in Australand can elect to sell their shares on the ASX as well and Capitaland currently owns 59.3% of co as well. Australand has seen low volumes traded on the SGX and last done price of counter was A$2.90 and trades at P/B 0.8x.
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