Singapore's CapitaLand puts $100m venture arm on the back burner

Singapore's CapitaLand puts $100m venture arm on the back burner

Lee Chee Koon sharing the strategic benefits of the acquisition of the business of Ascendas-Singbridge at the EGM. Photo from CapitaLand.

SGX-listed real estate conglomerate CapitaLand appears to have put its venture arm C31 Ventures on the back burner, according to two sources aware of the development.