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Home / Capital / Brokers Calls

CityDev downgraded as tables turn on exposure to Singapore residential market

Broker's Calls

CityDev downgraded as tables turn on exposure to Singapore residential market

Stanislaus Jude Chan Published on Mon, Jul 09, 2018 / 11:33 AM GMT+8

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SINGAPORE (July 9): OCBC Investment Research is downgrading City Developments to “hold”, from “buy” previously, and slashing its fair value estimate by nearly 40% to $9.59.

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