CapitaLand shareholders have voted overwhelmingly in favour of the proposal to split the company into two: a listed real estate management firm and a privately-held developer.

The two clearly defined entities will start operating as such starting from September. 

CapitaLand Investment Limited (CLI) will consolidate CapitaLand’s existing investment management platforms and the lodging business, with a portfolio worth $115 billion. It will be listed on the SGX by way of introduction. 

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