In a regulatory filing on Wednesday, CapitaLand said that the divestment is targeted to be completed by the end of the year, and is expected to generate net proceeds and net gains of $145 million and $32 million respectively.
SINGAPORE (Nov 20): CapitaLand has entered into an agreement to sell The Star Vista for $296 million to Rock Productions which is the business arm of New Creation Church.
Rock Productions is also the owner of The Star Performing Arts Centre that is co-located in the same development.
