SINGAPORE (Mar 13): CIMB views Perennial Real Estate's purchase of the remaining 50% stake in The Capitol Singapore from Chesham Properties as a big positive.

This "signals the resolution of the deadlock on the project and progress can now be made to unlock value and returns from this iconic development," says CIMB analyst Lock Mun Yee in a Monday report.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook