CapitaLand reported a 28.4% rise in 3Q earnings to $247.5 million from a year ago on better operating performance. Operating PATMI grew 54.5% to $251.8 million due to higher contributions from the group’s residential businesses in Singapore and China, commercial portfolio in Singapore, shopping malls in China and Malaysia, as well as newly acquired serviced residences. Shares of CapitaLand closed 2 cents higher at $3.06.

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