Friday, 8 July 2016

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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