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People are reflected on a glass panel with a Capitaland logo at a mall in Singapore Reuters

CapitaLand Commercial Trust on Thursday requested for a trading halt pending the release of an announcement.

CapitaLand Commercial Trust, a unit of property developer CapitaLand, is a commercial real estate investment trust. The trust invests in income-producing commercial properties in Singapore.

Shares in CapitaLand Commercial Trust closed down 0.9 percent at S$1.695 on the Singapore Exchange on Wednesday. The stock has gained 15 percent so far this year.