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Annex - Summary of Project Jewel

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Annex - Summary of Project Jewel

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Changi Airport Group and CapitaMalls Asia to jointly develop Project Jewel at Changi Airport

Changi Airport Group and CapitaMalls Asia to jointly develop Project Jewel at Changi Airport

Changi Airport Group and CapitaMalls Asia Limited are pleased to announce that their respective wholly-owned subsidiaries, Jewel Changi Airport Holding Pte. Ltd. and CMA Singapore Investments (6) Pte. Ltd., have signed a joint venture agreement to develop an iconic mixed-use development at Changi Airport – codenamed Project Jewel – envisaged to be a world-class lifestyle destination in Singapore.