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Friday, September 30, 2011

CapitaMalls Asia says HK shares to trade on Oct 18

HONG KONG: Singapore-based shopping mall developer CapitaMalls Asia said on Friday its secondary listing in Hong Kong would begin trade on Oct 18.

No new shares will be issued as a result of the Hong Kong listing, it said in a filing to the Hong Kong bourse.

The company, a unit of property developer CapitaLand, first said in March it would seek the secondary listing to bolster its expansion plans in China.

By Reuters

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