CapitaLand Limited announced the establishment of two wholly owned subsidiaries incorporated in Singapore as part of its ongoing business development. Name of the first subsidiary is C31VF1-065C Pte. Ltd. with the principal activity of Investment Holding and with the share capital of SGD 1 comprising one ordinary share. Name of the second subsidiary is C31VF1-ESVF Pte. Ltd. with the principal activity of Investment Holding and with the share capital of SGD 1 comprising one ordinary share. The establishment of these subsidiaries are not expected to have any material impact on the net tangible assets or earnings per share of the CapitaLand Group for the financial year ending 31 December 2017. None of the Directors or the controlling shareholder of CapitaLand has any interest, direct or indirect, in the establishment of the new subsidiaries.