SGX Picks : CDL kept at 'buy' by Daiwa following acquisition of remaining 50% stake in Nouvel 18 .
SINGAPORE (July 8): Daiwa has maintained its "buy" call for City Developments (CDL), with a target price of $11.21.
This follows the company's acquisition of a 50% stake in 156-unit freehold residential development Nouvel 18 from Wing Tai Holdings, according to a report dated Wednesday.
Following the acquisition, CDL will be the full owner of the project.
Here are some stocks that could move in The SGX market .
- Keppel
- Ellipsiz
- SPH REIT
- QT Vascular
- GLP
Earn more these Stock are Good for Contra & Intra Trading . . .
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