SINGAPORE (May 19): CIMB has downgraded Dairy Farm International (DFI) to “hold” from “add” and lowered its price target from US$10.00 to US$6.75, cutting its projected FY16 and FY17 earnings by 13% and 20% respectively.

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