CapitaRetail China Trust Gaps Down With News Release Regarding New Placement Shares at $1.51

New placement shares were issued at $1.51 and a gap down reaction was triggered. Immediate green bold trendline support must hold for a retest of the $1.655 to $1.62 resistance zone.

Support failure of the green bold trendline will probably result in a move down towards the new placement share support zone indicated by the blue rectangle box. The red support band is also within this support region.

Take note of the lower support zone of the channel if there is break down below the red support band. If lower channel support does not hold next potential support is indicated by the green rectangle box.

CapitaLand SGX Code C31

Headquartered and listed in

Singapore


Incorporation

Merger between DBS Land & Pidemco Land in 2000


Core Business

1. Real Estate Development

2. Real Estate Investment Trust REITs

3. Hospitality

4. Real estate financial services




 

Geographic focus of the business

 

1. Singapore

 

2. China

 

3. Australia

 

4. Countries of the Gulf Cooperation Council : Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates, the Sultanate of Oman

 

 Group structure


Home

• CapitaLand Residential Singapore
• CapitaLand China
• CapitaValue Homes
• Australand (listed, 59.3% ownership)

Office

• CapitaLand Commercial

Shopping Malls

• CapitaMalls Asia

Serviced Residences

• The Ascott Limited

REITs & Funds

• CapitaMall Trust (listed, 29.7% ownership)
• CapitaCommercial Trust (listed, 31.3% ownership)
• Ascott Residence Trust (listed, 47.0% ownership)
• CapitaRetail China Trust (listed, 26.6% ownership)
• CapitaRetail Malaysia Trust
• Quill Capita Trust (listed, 9.4% ownership)

More details at http://en.wikipedia.org/wiki/CapitaLand and

 http://www.capitaland.com/