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CapitaLand Commercial Trust files court application to sanction trust scheme; Moody's downgrades CapitaLand Mall Trust to A3

Felicia Tan
Felicia Tan • 2 min read
CapitaLand Commercial Trust files court application to sanction trust scheme; Moody's downgrades CapitaLand Mall Trust to A3
Units in CMT and CCT closed at $1.95 and $1.67 respectively, on Oct 1.
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The manager of CapitaLand Commercial Trust (CCT) announced on Oct 1 that it has filed an application to order for sanction of the trust scheme.

The trust scheme sanction application is fixed for hearing at 4pm on Oct 12.

The trust scheme will become effective upon written notification to the MAS of the grant of the Trust Scheme Court Order, which shall be effected by or on behalf of the manager of CapitaLand Mall Trust (CMT).

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