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Properties and the companies holding the Properties (each, a \u201cPropCo\u201d) as at 31 December 2024.", "No person is proposed to be appointed as a director of <strong>CCL</strong> in connection with the Proposed Transactions or any other transactions contemplated in relation to the Proposed Transactions.", "The Board of <strong>CCL</strong> (and together with its subsidiaries, the \u201c<strong>CCL</strong> Group\u201d) also wishes to announce that, based on a preliminary assessment of the <strong>CCL</strong> Group\u2019s unaudited consolidated management accounts for the half year ended 30 June 2025 (\u201c1H 2025\u201d) and the information currently available, the <strong>CCL</strong> Group is expected to report a significant increase in the profits arising from fair value gain on the <strong>CCL</strong> Group\u2019s investment properties compared to the valuations on its books as at 31 December 2024.", "A circular shall be issued to the shareholders of <strong>CCL</strong> (the \u201cShareholders\u201d) in due course (the \u201cCircular\u201d), together with a notice of an extraordinary general meeting, for the purpose of seeking the approval of Shareholders for the proposed transactions in connection with the proposed listing of Centurion Accommodation REIT.", "<strong>CCL</strong> is in the process of finalising the <strong>CCL</strong> Group\u2019s unaudited financial results for 1H 2025.", "Save for their shareholdings (if any) in <strong>CCL</strong> or as disclosed above and based on information available to <strong>CCL</strong> as at the date of this Announcement, none of the Directors or the Substantial Shareholders1 have an interest, direct or indirect, in the Proposed Transactions.", "The Constitution2 of <strong>CCL</strong> will also be available for inspection at the registered office of <strong>CCL</strong> for so long as <strong>CCL</strong> is in existence.", "The estimated <strong>CCL</strong> Divestment Consideration4 is subject to customary adjustments.\u200c As the manager of Centurion Accommodation REIT, which is wholly owned by <strong>CCL</strong>, will be entitled to receive asset management fees in relation to Westlite Mandai and Westlite Ubi, a sum of approximately S$10.0 million has been commercially negotiated to be paid by <strong>CCL</strong> to Lian Beng Group Pte.", "Accordingly, no service contract is proposed to be entered into between <strong>CCL</strong> and any such person in connection with the Proposed Transactions.", "As at the date of this Announcement and based on the Register of Directors\u2019 Shareholdings maintained by <strong>CCL</strong>, certain directors of <strong>CCL</strong> collectively hold an aggregate direct and deemed interest in 619,123,506 Shares."], "related": [["acl", "ACL", "ACL"], ["cct", "CCT", "CCT"], ["ecc", "ECC", "ECC"], ["network-operator", "Network Operator", "Network Operator"], ["adaptive-management", "Adaptive management", "Adaptive management"]], 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