CapitaMalls Asia stock will be taken private by Capitaland and delisted from the Singapore stocks exchange, as announced today. When I learnt this delisting news, I was so surprised. I mean I am still digesting the wave of “potential delisting stocks targets” and just learnt that CapitaMalls Asia is also one of these targets from a leading financial magazine when the news of the delisting was announced. In case that you are wondering whether I own the stock, no I do not have any CapitaMalls Asia stocks.
I once owned CapitaMalls Asia stocks but was quite discouraged by how susceptible this stock is whenever there is some reporting of figures from China. The two percentages or more dividends yields is also not attractive to me, not to mention that the stock price is languishing below its IPO price. But I like CapitaMalls Asia shopping malls for they are big, spacious ......