Capitaland Limited : CapitaLand has sold off land in India that it owned through a subsidiary for 528.5 million rupees (S$10.8 million) to third parties. It divested 100 per cent of its equity interest, which comprised its 5.32 million shares of 10 rupees apiece in Indian company Citadines Ahmedabad Aparthotel, which owns a land parcel located in Ahmedabad. Separately, CapitaLand said it had increased its shareholding in a subsidiary, Rattha Somerset Greenways Chennai (RSGC), in which it holds a 51 per cent stake through its wholly owned subsidiary, Ascott International Management (AIM). RSGC, which owns a serviced residence property known as Somerset Greenways Chennai, allotted an additional 61,649 new equity shares of par value 10 rupees per share at an issue price of 600.80 rupees per share to AIM and another existing shareholder of RSGC, for a total of around 37.03 million rupees.