Announcement Title | General Announcement |
Announcement Subtitle | Response to News Articles in The Business Times and Bloomberg of 13 January 2016 |
Securities | CAPITALAND COMMERCIAL TRUST (CCT) |
Date & Time of Broadcast | Jan 13, 2016 18:47 |
Submitted By | Honey Vaswani Assistant Company Secretary, CapitaLand Commercial Trust Management Limited |
Description | CapitaLand Commercial Trust Management Limited ("CCTML"), the manager of CapitaLand Commercial Trust ("CCT") refers to The Business Times and Bloomberg's report titled, "CapitaLand Trust Said to Seek Sale of Singapore Office Tower" dated 13 January 2016. CCTML adopts an active portfolio management strategy to evaluate asset plans for CCT's properties from time to time, in its ordinary course of business. The portfolio and asset plans include acquisition and development, as well as divestment and asset enhancement of any of its assets. There is no certainty or assurance of any plans materialising. As and when there are material developments, CCTML will make the announcements on SGX-ST as and when appropriate in accordance with the Listing Rules of the SGX-ST. |