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CapitaLand plans listing of integrated retail property business

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CapitaLand Ltd., Southeast Asia’s largest developer, said it plans to list its CapitaLand Retail Ltd. subsidiary in Singapore. CapitaLand Retail will be renamed CapitaMalls Asia Ltd. and will have stakes in and manage a portfolio of malls valued at $20.3 billion as of June 30, the company said in a statement to the Singapore stock exchange.

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