CapitaMall Trust

CapitaMall Trust sells $200 million of new shares

The CapitaMall Trust placement comes as markets take a dive on renewed concerns about the fallout from the European debt crisis.
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The Atrium@Orchard mall </div>
<div style="text-align:left;"> The Atrium@Orchard mall </div>

Singapore-listed CapitaMall Trust yesterday braved a worsening market to raise S$250 million ($200 million) from a share placement that it will use to fund asset enhancement initiatives at its existing shopping malls.

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