Link: https://links.sgx.com/1.0.0/corporate-announcements/NQVOVDBF0OQE57UQ/77deb0a594d8c6fb74a2a9d810abf7ebdedb394b2095b075a45a5d90aa319523

Summary:

• CapitaLand China Trust (CLCT) finalized its participation in the establishment and listing of CapitaLand Commercial C-REIT (CLCR) on the Shanghai Stock Exchange through the proposed divestment and subscription.

• The vendor received divestment consideration (less withholding tax), marking transaction completion.

• CLCT expects net transaction proceeds of approximately RMB 663.4 million (S$119.8 million); interim use is to reduce debt until permanent deployment in line with the July 2025 circular.

• Board reiterates investment risks and advises that unit values may fluctuate; no guarantee of liquidity or principal protection.