CapitaLand shares shed 8.2 per cent on market speculation that it is planning a rights issue. Responding to queries, the group issued this statement: “In response to various media and analyst queries that CapitaLand is planning a rights issue, CapitaLand wishes to state that we will not comment on such market rumour or speculation. CapitaLand regularly receives and reviews various proposals of a business, financing or other nature. It is CapitaLand's disclosure policy to make the appropriate announcements if and when required, in accordance with the SGX-ST Listing Rules.” This follows a Dow Jones news report saying that the group is considering a rights issue to raise capital, but there has been no definite decision, quoting a “person familiar with the situation”.