Join Dr Wealth Telegram: https://t.me/realDrWealth CapitaLand is selling its stake in ION Orchard to CapitaLand Integrated Commercial Trust (CICT). CICT needs to raise $1.1 billion via equity funding to purchase the property. Unitholders will need to vote… and if go through, pay money to buy more units…

source: https://thefinance.sg/2024/09/04/capitaland-sells-ion-to-cict-good-deal/