The property group tackled the concerns in a bourse filing on Thursday (Apr 17) night, ahead of its annual general meeting (AGM) on Apr 23. Describing the group’s share price-to-asset value gap as a “chasm”, a shareholder said it reflected the “profound failure” of CDL’s board to “crystallise value”. CDL’s estimated revalued net asset value (RNAV) stands at S$19.86 per share  this giant has to be Revalued towards fair value !! $CityDev(C09.SI)$   $BABA-W(09988)$   $TENCENT(00700)$   $MIXUE GROUP(02097)$   $DBS Group Holdings(D05.SI)$&nb

CapitaLand Investment launches first retail Reit in China with assets worth 2.8 billion yuan CapitaLand China Trust Management Limited is considering a significant transaction involving the establishment and listing of a new infrastructure securities investment fund, CapitaLand Commercial C-REIT, in China. This transaction includes the divestment of CapitaMall Yuhuating to a subsidiary of CapitaLand Mall Asia Limited and the subscription for a strategic stake in the new REIT. The move is part of a broader strategy to enhance CapitaLand’s market presence in China and is subject to approval by the trust’s unitholders at an upcoming extraordinary general meeting. CapitaLand Investment launches its first retail Reit in China with assets worth 2.8 billion yuan The listing will mark the first re