Tanglin R.E. Holdings is an indirect subsidiary of the CapitaLand Group. The group itself is an indirect subsidiary of Temasek Holdings.
The manager of CapitaLand Integrated Commercial Trust (CICT) has divested JCube, a mall located in Jurong Gateway, to CapitaLand Group for a consideration of $340 million on Jan 24.
CICT, on the evening of Jan 24, announced that it had entered into a sale and purchase agreement (SPA) with Tanglin R.E. Holdings in relation to the sale of the property.
