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Ascott: No plans to list KL REIT

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Ascott: No plans to list KL REIT Empty Ascott: No plans to list KL REIT

Post by hlk Fri 23 Dec 2011, 15:34

The Ascott Ltd, the serviced residences arm of Singapore developer
CapitaLand Ltd, denied a Business Times report on Dec 21 claiming that
the group may spin off its Malaysian properties.


The company isn’t planning to list a property trust in Kuala Lumpur,
spokeswoman Jasmine Sim said in an e-mail to Bloomberg News. --
Bloomberg
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