SINGAPORE (May 30): Daiwa Capital Markets has kept its ”buy” recommendation of City Developments Limited with an unchanged target price of $11.17 on the back of the possibility of its third Profit Participating Securities (PPS).

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply