LFIE Holding

CapitaLand China to acquire additional 39.27% stake in LFIE Holding

CapitaLand China has entered into a sale and purchase agreement to acquire an additional 39.27 per cent stake in LFIE Holding from an unrelated party for S$125 million. Capitaland currently owns a 6.95 per cent stake in LFIE, a holding company for real-estate investments in China. The acquisition of shares is expected to be completed in the first quarter of this year. LFIE owns a 575 thousand square...

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