AIM-listed Canton Property Investment Limited announced that it has suspended trading on AIM with immediate affect. The company, which owns one shopping mall in China and is developing two others, said the move followed the unexplained disappearance of founder, executive chairman and 43% shareholder Keng Wong. On suspension shares were trading at 20.5p, valuing Canton Property at £96 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
