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CapitaLand Investment Addresses Merger Speculation

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CapitaLand Investment Addresses Merger Speculation

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CapitaLand Investment Limited ( (SG:9CI) ) has issued an announcement.

CapitaLand Investment Limited addressed media reports about a potential merger with Mapletree Investments, emphasizing its commitment to long-term shareholder value. The company clarified that it regularly evaluates investment opportunities but does not comment on market speculation, ensuring any necessary disclosures are made in compliance with SGX-ST regulations.

The most recent analyst rating on (SG:9CI) stock is a Hold with a S$2.50 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.

More about CapitaLand Investment Limited

CapitaLand Investment Limited is a company incorporated in Singapore, operating in the investment industry. It focuses on delivering long-term value for its shareholders by exploring and evaluating various investment opportunities that align with its strategic objectives.

Average Trading Volume: 9,883,892

Technical Sentiment Signal: Buy

Current Market Cap: S$13.52B

For a thorough assessment of 9CI stock, go to TipRanks’ Stock Analysis page.

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