true... latest news i read...Originally Posted by phantom_opera
CapitaLand Ltd (CAPL) announced the sale of its entire 100% stake in Shanghai CapitaLand Xin Chuang Real Estate Development Co Ltd, which for 852M in cash to an unnamed buyer, saying: "SCXC owns a plot of land at 313 West Guangzhong Road in Zhabei District, Shanghai, the People's Republic of China. The Property which is currently under development has a total gross floor area of approximately 71,613 square metres."