SGX Stock Tips : CityDev to launch PPS scheme for Nouvel 18 .
SINGAPORE (Aug 2): Daiwa has maintained its "buy" call for City Developments (CDL), with a target price of $10.93.
This comes as a Daiwa report dated July 29 says that a Business Times article had reported that CDL is working on a profit-participating-securities (PPS) scheme involving its private residential development, Nouvel 18.
The proposed scheme would allow CDL to avoid Qualifying Charges (QC) on unsold units, estimated at $38 million in the first year of extension, with half of that amount due in November 2016.
Hot Stocks for Intra & Contra Day Trader in SGX Market :
- BEST WORLD
- SINGAPORE O&G
- VARD
Hot Stocks for Long Term Trader in SGX Market :
- SINGAPORE O&G
- BEST WORLD
- AECROMAC
So Earn more trade on These stocks . . . . . .
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