Ascendas-Singbridge: 50:50 cash and share mix for Ascendas-Singbridge most prudent: CapitaLand CEO

CAPITALAND paying for Ascendas-Singbridge with a 50:50 mix of cash and shares avoids over-gearing the company or issuing stock at too steep of a discount, said CapitaLand's president and group CEO Lee Chee Koon.