SINGAPORE (May 15): CGS-CIMB Research has downgraded Cityneon Holdings from “add” to “hold” and slashed its target price by around 27% to $1.16 on the back of expectations of higher depreciation and financing expenses ahead.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

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

Bonus:

  • 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

Subscribe