<div id="readability-page-1"><div><p>[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 11):</p><p> CapitaLand Investment (CLI) : CLI has closed its second onshore sub-fund, China Retail RMB Fund I (CRF I), under the CLI RMB Master Fund, and secured a total fund size of one billion yuan (S$183 million). It announced plans to recapitalise CapitaMall Xinduxin to realise value through its sale as the seed asset to the sub-fund. Shares of CLI closed flat at S$2.59 on Wednesday, before the news. </p><p>Mapletree Pan Asia Commercial Trust (MPACT) : Its manager announced on Wednesday that that its subsidiary – Festival Walk – will sell Festival Walk Tower at nearly HK$2 billion (S$328.1 million) to an unrelated third party. The tower, which is the office component of Festival Walk in Hong Kong, has a lettable area of 213,982 square feet (sq ft) and seven tenants. Its purchase price was originally HK$2.3 billion, upon independent valuation back in 2021. Units of MPACT closed unchanged at S$1.42 on Wednesday.</p></div></div>

N2IU

<p>CapitaLand Investment (CLI) closed its second onshore sub-fund, China Retail RMB Fund I, with a total fund size of one billion yuan, and plans to recapitalize CapitaMall Xinduxin. Mapletree Pan Asia Commercial Trust (MPACT) announced the sale of Festival Walk Tower in Hong Kong for nearly HK$2 billion. Both CLI and MPACT shares closed unchanged before the announcements.</p>

Stocks to watch: Keppel, Keppel Reit, CLI, MPACT, Ultragreen.ai, Ossia