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Business 29 Jun 2021 | 7:00 AM

CapitaLand to divest partial stakes in six Raffles City properties

SINGAPORE: CapitaLand shares jumped when the market opened on Monday after the property giant said it will divest partial stakes in six of its Raffles City developments in China for 46.7 billion yuan (RM30bil) to Ping An Life Insurance Company of China.

Business 25 Feb 2021 | 7:00 AM

Singapore’s biggest developer posts full-year loss

SINGAPORE: CapitaLand Ltd, Singapore’s largest developer, posted a record full-year loss after writing down the value of some investment properties and residential projects during the pandemic.