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<item><title>Ascott Serviced Residence acquires Citadines Garden City(BVI)Ltd from CapitaLand Ltd (pending)</title><description>CHINA - Ascott Serviced Residence (China) Fund agreed to acquire the entire share capital of Citadines Garden City (BVI) Ltd, a real estate development firm, from Ascott Holding (China) Ltd, a wholly-owned unit of the Ascott Group Ltd subsidiary of CapitaLand Ltd's wholly-owned Somerset Capital Pte Ltd unit, for an estimated ###.### mil Chinese yuan ($##.## mil US). The consideration was to consist of ##.### mil yuan ($#.## mil) in cash and the assumption of ###.### mil yuan ($##.## mil) in liabilities. The transaction was subject to due diligence review and regulatory approvals.</description><pubDate>6/24/2008 2:22:39 PM</pubDate><sdc:company_cusip xmlns:sdc="http://www.alacra.com/sdc">04233C</sdc:company_cusip><sdc:target_company_cusip xmlns:sdc="http://www.alacra.com/sdc">17360N</sdc:target_company_cusip><sdc:company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">04233C</sdc:company_cusip_up><sdc:target_company_cusip_up xmlns:sdc="http://www.alacra.com/sdc">140547</sdc:target_company_cusip_up><sdc:company xmlns:sdc="http://www.alacra.com/sdc">Ascott Serviced Residence (China)Fund</sdc:company><sdc:target_company xmlns:sdc="http://www.alacra.com/sdc">Citadines Garden City(BVI)Ltd</sdc:target_company><sdc:company_up xmlns:sdc="http://www.alacra.com/sdc">Ascott Serviced Residence (China)Fund</sdc:company_up><sdc:target_company_up xmlns:sdc="http://www.alacra.com/sdc">CapitaLand Ltd</sdc:target_company_up><link>http://www.alacrastore.com/storecontent/Thomson_M%26A/Ascott_Serviced_Residence_acquires_Citadines_Garden_City_BVI_Ltd_from_CapitaLand_Ltd-1989190040</link><guid isPermaLink="false">sdc/1989190040</guid><sdc:deal xmlns:sdc="http://www.alacra.com/sdc"><sdc:deal_no>1989190040</sdc:deal_no><sdc:_copyright><sdc:value>Copyright Â© 2008, Thomson Financial, All Rights Reserved</sdc:value></sdc:_copyright><sdc:a_MAINDUSTRY><sdc:value>Investment &amp; Commodity Firms,Dealers,Exchanges</sdc:value></sdc:a_MAINDUSTRY><sdc:a_NATION><sdc:value>China</sdc:value></sdc:a_NATION><sdc:a_SICDESC><sdc:value>Investment offices, nec</sdc:value></sdc:a_SICDESC><sdc:a_SICPI><sdc:value>6726</sdc:value></sdc:a_SICPI><sdc:a_STATE><sdc:value>FF</sdc:value></sdc:a_STATE><sdc:a_STATELONG><sdc:value>Foreign</sdc:value></sdc:a_STATELONG><sdc:a_STATUS><sdc:value>Private</sdc:value></sdc:a_STATUS><sdc:asic_SIC><sdc:value sdc:p="0">6726:Investment offices, nec</sdc:value><sdc:value sdc:p="1">6799:Investors, nec</sdc:value></sdc:asic_SIC><sdc:aupsic_SIC><sdc:value sdc:p="0">6726:Investment offices, nec</sdc:value><sdc:value sdc:p="1">6799:Investors, nec</sdc:value></sdc:aupsic_SIC><sdc:b_MAINDUSTRY><sdc:value>Real Estate; Mortgage Bankers and Brokers</sdc:value></sdc:b_MAINDUSTRY><sdc:b_NATION><sdc:value>China</sdc:value></sdc:b_NATION><sdc:b_SICDESC><sdc:value>Land subdividers and developers, except cemeteries</sdc:value></sdc:b_SICDESC><sdc:b_SICPI><sdc:value>6552</sdc:value></sdc:b_SICPI><sdc:b_STATE><sdc:value>FF</sdc:value></sdc:b_STATE><sdc:b_STATELONG><sdc:value>Foreign</sdc:value></sdc:b_STATELONG><sdc:b_STATUS><sdc:value>Subsidiary</sdc:value></sdc:b_STATUS><sdc:c_ACIDGEN><sdc:value>1024217001</sdc:value></sdc:c_ACIDGEN><sdc:c2up_BUSS><sdc:value>Private eq fund</sdc:value></sdc:c2up_BUSS><sdc:c3up_BUSS><sdc:value>Pvd RE dvlp,invest svcs</sdc:value></sdc:c3up_BUSS><sdc:co_DESCR><sdc:value sdc:p="0">Cash</sdc:value><sdc:value sdc:p="1">Liabilities</sdc:value></sdc:co_DESCR><sdc:cs_DESCR><sdc:value>Stock</sdc:value></sdc:cs_DESCR><sdc:d_TCIDGEN><sdc:value>1024221001</sdc:value></sdc:d_TCIDGEN><sdc:date_lastupdate><sdc:value>Jun 24 2008</sdc:value></sdc:date_lastupdate><sdc:finbltm_BV><sdc:value>0.00000</sdc:value></sdc:finbltm_BV><sdc:finbltm_CASH><sdc:value>0.00000</sdc:value></sdc:finbltm_CASH><sdc:finbltm_CASHFLOW><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW><sdc:finbltm_CASHFLOW1><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW1><sdc:finbltm_CASHFLOW2><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW2><sdc:finbltm_CASHFLOW3><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW3><sdc:finbltm_CASHFLOW4><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW4><sdc:finbltm_CASHFLOW5><sdc:value>0.00000</sdc:value></sdc:finbltm_CASHFLOW5><sdc:finbltm_COMEQ><sdc:value>0.00000</sdc:value></sdc:finbltm_COMEQ><sdc:finbltm_DEBTRAT><sdc:value>0.00000</sdc:value></sdc:finbltm_DEBTRAT><sdc:finbltm_DSER2><sdc:value>0.00000</sdc:value></sdc:finbltm_DSER2><sdc:finbltm_EBIT><sdc:value>0.00000</sdc:value></sdc:finbltm_EBIT><sdc:finbltm_EPS><sdc:value>0.00000</sdc:value></sdc:finbltm_EPS><sdc:finbltm_NI><sdc:value>0.00000</sdc:value></sdc:finbltm_NI><sdc:finbltm_PTINC><sdc:value>0.00000</sdc:value></sdc:finbltm_PTINC><sdc:finbltm_SALES><sdc:value>0.00000</sdc:value></sdc:finbltm_SALES><sdc:finbltm_STDEBT><sdc:value>0.00000</sdc:value></sdc:finbltm_STDEBT><sdc:finbltm_TASS><sdc:value>0.00000</sdc:value></sdc:finbltm_TASS><sdc:fiscal_ADCR><sdc:value>0.00000</sdc:value></sdc:fiscal_ADCR><sdc:fiscal_ANI><sdc:value>0.00000</sdc:value></sdc:fiscal_ANI><sdc:fiscal_APFDCR><sdc:value>0.00000</sdc:value></sdc:fiscal_APFDCR><sdc:fiscal_ASALES><sdc:value>0.00000</sdc:value></sdc:fiscal_ASALES><sdc:fiscal_ATASS><sdc:value>0.00000</sdc:value></sdc:fiscal_ATASS><sdc:fiscal_RATE><sdc:value>0.00000</sdc:value></sdc:fiscal_RATE><sdc:g_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Ascott Serviced Residence</sdc:value><sdc:value sdc:p="1">(China) Fund is a private</sdc:value><sdc:value sdc:p="2">equity fund, launched by the</sdc:value><sdc:value sdc:p="3">Ascott Group Ltd. The fund is</sdc:value><sdc:value sdc:p="4">headquartered in China.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Ascott Serviced Residence (China) Fund is a private equity</sdc:value><sdc:value sdc:p="1">fund, launched by the Ascott Group Ltd. The fund is</sdc:value><sdc:value sdc:p="2">headquartered in China.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Ascott Serviced Residence (China) Fund is a private equity fund, launched by the Ascott Group Ltd. The fund is headquartered in China.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Citadines Garden City (BVI)</sdc:value><sdc:value sdc:p="1">Ltd is a real estate</sdc:value><sdc:value sdc:p="2">development firm. The company</sdc:value><sdc:value sdc:p="3">is headquartered in China. It</sdc:value><sdc:value sdc:p="4">currently owns some</sdc:value><sdc:value sdc:p="5">residential buildings located</sdc:value><sdc:value sdc:p="6">at the Nanshan District,</sdc:value><sdc:value sdc:p="7">Shenzhen.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Citadines Garden City (BVI) Ltd is a real estate development</sdc:value><sdc:value sdc:p="1">firm. The company is headquartered in China. It currently</sdc:value><sdc:value sdc:p="2">owns some residential buildings located at the Nanshan</sdc:value><sdc:value sdc:p="3">District, Shenzhen.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Citadines Garden City (BVI) Ltd is a real estate development firm. The company is headquartered in China. It currently owns some residential buildings located at the Nanshan District, Shenzhen.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>N</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>Chinese Yuan</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>20 Jun 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Fri, 20 Jun 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/20/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date 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Yuan</sdc:value></sdc:i_HOST_RANKVAL><sdc:i_HOST_RANKVAL1><sdc:value>171.61600</sdc:value></sdc:i_HOST_RANKVAL1><sdc:i_PCTACQ><sdc:value>0.00000</sdc:value></sdc:i_PCTACQ><sdc:i_PCTOWN><sdc:value>0.00000</sdc:value></sdc:i_PCTOWN><sdc:i_PR><sdc:value>0.00000</sdc:value></sdc:i_PR><sdc:i_PR_INITIAL><sdc:value>0.00000</sdc:value></sdc:i_PR_INITIAL><sdc:i_RANKVAL><sdc:value>23.56500</sdc:value></sdc:i_RANKVAL><sdc:i_RANK_HOSTRANKVAL><sdc:value>171.616 Chinese Yuan</sdc:value></sdc:i_RANK_HOSTRANKVAL><sdc:i_RATE><sdc:value>0.14600</sdc:value></sdc:i_RATE><sdc:i_STATUS_MMC><sdc:value>N</sdc:value></sdc:i_STATUS_MMC><sdc:i_STGVAL><sdc:value>12.64400</sdc:value></sdc:i_STGVAL><sdc:i_TERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TERMFEE><sdc:i_TFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_TFEEPCT><sdc:i_TFEETOT><sdc:value>0.00000</sdc:value></sdc:i_TFEETOT><sdc:i_TTERMFEE><sdc:value>0.00000</sdc:value></sdc:i_TTERMFEE><sdc:i_VALLIA><sdc:value>21.55000</sdc:value></sdc:i_VALLIA><sdc:i_VALNOLIA><sdc:value>3.43000</sdc:value></sdc:i_VALNOLIA><sdc:i_VALUE><sdc:value>24.98000</sdc:value></sdc:i_VALUE><sdc:j_EQVALCF><sdc:value>0.00000</sdc:value></sdc:j_EQVALCF><sdc:j_EVCF><sdc:value>0.00000</sdc:value></sdc:j_EVCF><sdc:j_EVEBIT><sdc:value>0.00000</sdc:value></sdc:j_EVEBIT><sdc:j_EVNI><sdc:value>0.00000</sdc:value></sdc:j_EVNI><sdc:j_EVSALES><sdc:value>0.00000</sdc:value></sdc:j_EVSALES><sdc:j_MPRICEBOOK><sdc:value>0.00000</sdc:value></sdc:j_MPRICEBOOK><sdc:j_PHELD><sdc:value>0.00000</sdc:value></sdc:j_PHELD><sdc:j_PSOUGHT><sdc:value>100.00000</sdc:value></sdc:j_PSOUGHT><sdc:j_RANKVALCF><sdc:value>0.00000</sdc:value></sdc:j_RANKVALCF><sdc:j_RANKVALEB><sdc:value>0.00000</sdc:value></sdc:j_RANKVALEB><sdc:j_RANKVALNA><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNA><sdc:j_RANKVALNI><sdc:value>0.00000</sdc:value></sdc:j_RANKVALNI><sdc:j_RANKVALSALES><sdc:value>0.00000</sdc:value></sdc:j_RANKVALSALES><sdc:j_VALEB><sdc:value>0.00000</sdc:value></sdc:j_VALEB><sdc:j_VALNI><sdc:value>0.00000</sdc:value></sdc:j_VALNI><sdc:j_VALSALES><sdc:value>0.00000</sdc:value></sdc:j_VALSALES><sdc:m_AMV><sdc:value>0.00000</sdc:value></sdc:m_AMV><sdc:m_CF3YGR><sdc:value>0.00000</sdc:value></sdc:m_CF3YGR><sdc:m_CF5YGR><sdc:value>0.00000</sdc:value></sdc:m_CF5YGR><sdc:m_DCR><sdc:value>0.00000</sdc:value></sdc:m_DCR><sdc:m_ENTVAL><sdc:value>0.00000</sdc:value></sdc:m_ENTVAL><sdc:m_EPS3YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS3YGR><sdc:m_EPS5YGR><sdc:value>0.00000</sdc:value></sdc:m_EPS5YGR><sdc:m_LTD><sdc:value>0.00000</sdc:value></sdc:m_LTD><sdc:m_MV><sdc:value>0.00000</sdc:value></sdc:m_MV><sdc:m_NETASS><sdc:value>0.00000</sdc:value></sdc:m_NETASS><sdc:m_NETASS3YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS3YGR><sdc:m_NETASS5YGR><sdc:value>0.00000</sdc:value></sdc:m_NETASS5YGR><sdc:m_NI3YGR><sdc:value>0.00000</sdc:value></sdc:m_NI3YGR><sdc:m_NI5YGR><sdc:value>0.00000</sdc:value></sdc:m_NI5YGR><sdc:n_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value><sdc:value sdc:p="16">17.00000</sdc:value><sdc:value sdc:p="17">18.00000</sdc:value><sdc:value sdc:p="18">19.00000</sdc:value><sdc:value sdc:p="19">20.00000</sdc:value><sdc:value sdc:p="20">21.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">CHINA - Ascott Serviced</sdc:value><sdc:value sdc:p="1">Residence (China) Fund agreed</sdc:value><sdc:value sdc:p="2">to acquire the entire share</sdc:value><sdc:value sdc:p="3">capital of Citadines Garden</sdc:value><sdc:value sdc:p="4">City (BVI) Ltd, a real estate</sdc:value><sdc:value sdc:p="5">development firm, from Ascott</sdc:value><sdc:value sdc:p="6">Holding (China) Ltd, a</sdc:value><sdc:value sdc:p="7">wholly-owned unit of the</sdc:value><sdc:value sdc:p="8">Ascott Group Ltd subsidiary of</sdc:value><sdc:value sdc:p="9">CapitaLand Ltd's wholly-owned</sdc:value><sdc:value sdc:p="10">Somerset Capital Pte Ltd unit,</sdc:value><sdc:value sdc:p="11">for an estimated 171.616 mil</sdc:value><sdc:value sdc:p="12">Chinese yuan ($24.98 mil US).</sdc:value><sdc:value sdc:p="13">The consideration was to</sdc:value><sdc:value sdc:p="14">consist of 23.565 mil yuan</sdc:value><sdc:value sdc:p="15">($3.43 mil) in cash and the</sdc:value><sdc:value sdc:p="16">assumption of 148.051 mil yuan</sdc:value><sdc:value sdc:p="17">($21.55 mil) in liabilities.</sdc:value><sdc:value sdc:p="18">The transaction was subject to</sdc:value><sdc:value sdc:p="19">due diligence review and</sdc:value><sdc:value sdc:p="20">regulatory approvals.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>CHINA - Ascott Serviced Residence (China) Fund agreed to acquire the entire share capital of Citadines Garden City (BVI) Ltd, a real estate development firm, from Ascott Holding (China) Ltd, a wholly-owned unit of the Ascott Group Ltd subsidiary of CapitaLand Ltd's wholly-owned Somerset Capital Pte Ltd unit, for an estimated 171.616 mil Chinese yuan ($24.98 mil US). The consideration was to consist of 23.565 mil yuan ($3.43 mil) in cash and the assumption of 148.051 mil yuan ($21.55 mil) in liabilities. The transaction was subject to due diligence review and regulatory approvals.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">CHINA - Ascott Serviced Residence (China) Fund agreed to acquire the entire share capital</sdc:value><sdc:value sdc:p="1">of Citadines Garden City (BVI) Ltd, a real estate development firm, from Ascott Holding</sdc:value><sdc:value sdc:p="2">(China) Ltd, a wholly-owned unit of the Ascott Group Ltd subsidiary of CapitaLand Ltd's</sdc:value><sdc:value sdc:p="3">wholly-owned Somerset Capital Pte Ltd unit, for an estimated 171.616 mil Chinese yuan</sdc:value><sdc:value sdc:p="4">($24.98 mil US). The consideration was to consist of 23.565 mil yuan ($3.43 mil) in cash</sdc:value><sdc:value sdc:p="5">and the assumption of 148.051 mil yuan ($21.55 mil) in liabilities. The transaction was</sdc:value><sdc:value sdc:p="6">subject to due diligence review and regulatory approvals.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">CHINA - Ascott Serviced Residence (China) Fund agreed to acquire the entire share capital of Citadines Garden City (BVI) Ltd, a real estate development firm, from Ascott Holding (China) Ltd, a</sdc:value><sdc:value sdc:p="1">wholly-owned unit of the Ascott Group Ltd subsidiary of CapitaLand Ltd's wholly-owned Somerset Capital Pte Ltd unit, for an estimated 171.616 mil Chinese yuan ($24.98 mil US). The consideration was to</sdc:value><sdc:value sdc:p="2">consist of 23.565 mil yuan ($3.43 mil) in cash and the assumption of 148.051 mil yuan ($21.55 mil) in liabilities. The transaction was subject to due diligence review and regulatory approvals.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">CHINA - Ascott Serviced Residence (China) Fund agreed to acquire the entire share capital of Citadines Garden City (BVI) Ltd, a real</sdc:value><sdc:value sdc:p="1">estate development firm, from Ascott Holding (China) Ltd, a wholly-owned unit of the Ascott Group Ltd subsidiary of CapitaLand Ltd's</sdc:value><sdc:value sdc:p="2">wholly-owned Somerset Capital Pte Ltd unit, for an estimated 171.616 mil Chinese yuan ($24.98 mil US). The consideration was to consist</sdc:value><sdc:value sdc:p="3">of 23.565 mil yuan ($3.43 mil) in cash and the assumption of 148.051 mil yuan ($21.55 mil) in liabilities. The transaction was subject to</sdc:value><sdc:value sdc:p="4">due diligence review and regulatory approvals.</sdc:value></sdc:n_synopsis5><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>0.00000</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>0.00000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>0.00000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>0.00000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>0.00000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_PE><sdc:value>-999.00000</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>np</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.00000</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>-999.00000</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>np</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>0.00000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>0.00000</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>0.00000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>0.00000</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>0.00000</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>0.00000</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.00000</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value>6552:Land subdividers and developers, except cemeteries</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>1024217001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>China</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>6726</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Private</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">6552:Land subdividers and developers, except cemeteries</sdc:value><sdc:value sdc:p="1">6719:Offices of holding companies, nec</sdc:value></sdc:upsic_SIC><sdc:upt_UPTCIDGEN><sdc:value>150071004</sdc:value></sdc:upt_UPTCIDGEN><sdc:upt1_EXCHANGE><sdc:value>Singapore</sdc:value></sdc:upt1_EXCHANGE><sdc:upt1_NATION><sdc:value>Singapore</sdc:value></sdc:upt1_NATION><sdc:upt1_SICP><sdc:value>6552</sdc:value></sdc:upt1_SICP><sdc:upt1_STATE><sdc:value>Foreign</sdc:value></sdc:upt1_STATE><sdc:upt1_STATUS><sdc:value>Public</sdc:value></sdc:upt1_STATUS><sdc:upt1_TICKER><sdc:value>C31</sdc:value></sdc:upt1_TICKER><sdc:x_RANK1_VALUE><sdc:value>24.98000</sdc:value></sdc:x_RANK1_VALUE><sdc:x_RANK_HOSTRANKVAL><sdc:value>171.61600</sdc:value></sdc:x_RANK_HOSTRANKVAL><sdc:x_RANK_RANKVAL><sdc:value>24.98000</sdc:value></sdc:x_RANK_RANKVAL><sdc:x_rank_rankstgval><sdc:value>12.64400</sdc:value></sdc:x_rank_rankstgval></sdc:deal><category>Deal Information</category><alacra:ip>Thomson Financial Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/646159</link><guid isPermaLink="false">spcred/646159</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>5/3/2008 2:47:23 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Existing Convertible Bonds Issued By CapitaLand Ltd. In 2006 and 2007 Rated 'BBB'</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">646159</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Singapore</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Real Estate Management &amp; Development</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Emerging Markets</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Real Estate Companies</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">SINGAPORE (Standard&amp;Poor's) May 2, 2008--Standard&amp;Poor's Ratings Services said today it assigned its 'BBB' rating to convertible bonds issued by CapitaLand Ltd. The Singapore dollar (S$) 1.0 billion 2.95% convertible bonds due 2022 (issued in 2007) and the S$430 million 2.10% convertible bonds due 2016 (issued in 2006) represent direct, unconditional, unsubordinated, and unsecured obligations of CapitaLand, and will rank pari passu with all other unsecured and unsubordinated debt obligations of the company. The issue rating on the bonds reflects their senior unsecured nature. Debt and priority liabilities at the subsidiaries level are approximately 43% of total assets at the group level. Standard&amp;Poor's expects debt and priority liabilities at the subsidiaries level to be maintained</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">SGP</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">140547</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40403010 404030 4040 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">CapitaLand Ltd. (Unsolicited Ratings)</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">357107</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">EMERGING</spcred:index_entry_primreg><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">REC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1765223</link><guid isPermaLink="false">ccbn/T1765223</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>... - CapitaLand -  SVP IR Distinguished guests, hello colleagues, ladies and gentlemen, top of the morning to all of you and a very warm welcome to  CapitaLand's #### results briefing. Before we proceed, may I remind you to just check that you have switched your mobile phones to the silent mode. Thank you. Today's a jubilant day for both Singapore and the CapitaLand Group. Firstly, we cheer our nation's victory over Moscow following last night's announcement in clinching the honor to host the first Youth Olympic Games ever, in ####. This is another strong endorsement of the initiatives taken in the remaking of Singapore into a global city. Our corporation wholeheartedly supported Singapore's bid. Secondly, early this morning CapitaLand released its #### financial results which saw us surpassing the previous year record profits, driven by a host of bullish factors. To give an account of this stellar performance it is my pleasure now to invite to this podium our Group President and CEO Mr....

</description><pubDate>2/22/2008 1:11:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">CapitaLand</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">CapitaLand FY 2007 Results Presentation Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">CLLDY</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:30am HKT</ccbn:time><title>CapitaLand FY 2007 Results Presentation Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1765223</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item></channel></rss>