CapitaMalls Asia’s secondary listing

by introduction in Hong Kong
Singapore and Hong Kong, 30 September 2011 – CapitaMalls Asia Limited is pleased to
announce that it received approval-in-principle from the Stock Exchange of Hong Kong Limited
(“HKEx”) today to list on the Main Board of HKEx. The listing is expected to take place on 18
October 2011. The stock code for the company is 6813.
The Listing Document relating to CapitaMalls Asia’s Listing by Introduction in Hong Kong is now
available in the main offices of China International Capital Corporation Hong Kong Securities
Limited (“CICC”), J.P. Morgan Securities (Asia Pacific) Limited (“J.P. Morgan”), Computershare
Hong Kong Investor Services Limited, as well as on the websites of HKEx, Singapore
Exchange (“SGX”) and CapitaMalls Asia.
CapitaMalls Asia is one of the largest listed shopping mall developers, owners and managers in
Asia by total property value of assets and geographic reach. It is listed on the Main Board of
the SGX and is a component stock of the Straits Times Index (“STI”).
China currently accounts for about 42.0%
1
of CapitaMalls Asia’s total property portfolio. Given
the growing importance of its China business going forward, the proposed secondary listing will
complement CapitaMalls Asia’s expansion in the country, enabling the company to achieve its
longer-term strategic objectives via:
Creating a platform to widen its investor base and enhance CapitaMalls Asia’s
attractiveness to investors in Hong Kong and China;
Attracting research coverage on CapitaMalls Asia and helping to raise its profile and
enhance its market visibility; and
Enhancing CapitaMalls Asia’s ability to access additional sources of capital in two
leading global capital markets in Singapore and Hong Kong.
Mr Liew Mun Leong, Chairman of CapitaMalls Asia, said: “CapitaMalls Asia is Asia’s leading
mall developer, owner and manager, with 96 malls in 51 cities in Singapore, China, Malaysia,
Japan and India. Our proposed secondary listing on HKEx will widen our investor base and
make us more attractive to investors both in Hong Kong and China, which will augment our

1
On an effective interest basis. 2
growth in China. We thank HKEx for its efficient handling of our secondary listing application,
as well as SGX for being our primary listing platform.”
“As this is a listing by introduction on HKEx, no equity will be raised. As such, we do not expect
any immediate, short-term impact on our share price. However, we view our secondary listing
on HKEx as a long-term, strategic move. This will enable us to tap capital from the top two
financial markets in Asia in the future.”
Mr Lim Beng Chee, CEO of CapitaMalls Asia, said: “Since our IPO on SGX in November 2009,
we have consolidated our leadership positions in our key markets of China, Singapore and Malaysia with 11 acquisitions with investments worth a total of about S$4 billion – seven
∗
in
China, and two each in Singapore and Malaysia. We are the market leader in Singapore and
Malaysia, are growing strongly in China, and continue to build up our operations in Japan and
India.”
“With the dual listing, investors will have a choice of exchange to trade CapitaMalls Asia
shares. We are happy to help facilitate the transfer of CapitaMalls Asia shares for our
shareholders who wish to trade on HKEx, and have put in place a Batch Transfer system. In
order to commence trading of shares upon our planned listing in Hong Kong on Tuesday, 18
October 2011, shareholders should submit both the share withdrawal form to The Central
Depository (Pte) Ltd (“CDP”) and share removal form to the Boardroom Corporate & Advisory
Services (“Boardroom”) by 5 pm on Tuesday, 4 October 2011.”
“We have also arranged a second transfer of shares, under which shareholders should submit
both the share withdrawal form to CDP and share removal form to Boardroom by 5 pm on
Thursday, 20 October 2011. They will then be able to trade CapitaMalls Asia shares on HKEx
from Thursday, 3 November 2011.”
CapitaMalls Asia will bear part of the costs for the first two batch transfers, but shareholders will
be able to transfer their shares from SGX to HKEx and vice-versa at any time after these two
transfers. More details on the Batch Transfer process can be found in CapitaMalls Asia’s
announcement today.
CICC and J.P. Morgan are the joint sponsors of the proposed secondary listing