IN BRIEF (Page 14)

CapitaLand investment

CapitaLand, Asia's biggest listed property developer, will probably pour more than $360 million into China to strengthen its presence, said Mao Daqing, general manager of the Beijing operations of CapitaLand (China) Investment Co Ltd. The company has just raised $1.2 billion and will probably inject no less than 30 percent of the raised money into China, Mao said. CapitaLand's profit from its China business accounted for 45 percent of the group's total.

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