“We will look at deals that make sense. It must make strategic sense culturally, you need to pay a fair price that makes sense to all investors.”
On Feb 11, during CapitaLand Investment’s (CLI) FY2025 results briefing, Lee Chee Koon, group CEO of CLI, remarked: “I think all of you are here today expecting some announcements. Yesterday, I received a number of WhatsApp messages from friends [and] media analysts.” He was referring to market talk on Feb 10 that CLI and Mapletree planned to announce their long-rumoured merger during the briefing.
“In the last 12 months, you saw our name appearing in different news outlets in relation to a platform in Korea, a listed entity in Australia, Hong Kong, a hospitality platform of European origin, and more recently with the name I shall not mention,” Lee joked.
