News about capital

SINGAPORE (July 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated DPU of 2.

KUALA LUMPUR (July 17): Shares in Vivocom Intl Holdings Bhd rose 6.

SINGAPORE (July 13): CapitaLand, CapitaLand Commercial Trust (CCT), Mitsubishi Estate (MEC) have formed a joint venture (JV) to redevelop Golden Shoe Car Park (GSCP) into a landmark integrated development in Raffles Place, which is estimated to cost a total of S$1.

SINGAPORE (July 10): CapitaLand recently announced its serviced residence segment, The Ascott, will acquire for A$180 million (RM588 million) an additional 60% stake in Quest Apartment Hotels.

SINGAPORE (July 5): The Ascott, a wholly owned subsidiary of CapitaLand, this morning announced that it is acquiring an additional 60% stake in Quest Apartment Hotels for A$180 million (S$191 million or RM594 million).

MAINLAND Chinese co­working space provider UrWork has partnered Collective Campus, a start-up accelerator based in Australia and Singapore, to set up a 6,889 sq ft co-working space at JTC LaunchPad @ one-north, which was officially launched on June 23.

SINGAPORE (July 4): CIMB says CapitaLand is on track to meeting its 8% ROE target by 2018.

SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT), following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of S$280 million (RM870 million).

HANGZHOU (July 1): The recently opened Raffles City Hangzhou rises dramatically across the scenic Qiantang River at Hangzhou’s CBD.

SINGAPORE (July 3): Plans are afoot for more active and aggressive land-banking at CapitaLand, after the opening of four integrated projects in China in April, including three Raffles City projects.