|Bid||7.03 x 0|
|Ask||7.06 x 0|
|Day's range||7.03 - 7.17|
|52-week range||6.20 - 8.38|
|Beta (5Y monthly)||1.45|
|PE ratio (TTM)||N/A|
|Earnings date||12 Aug 2021|
|Forward dividend & yield||0.08 (1.12%)|
|Ex-dividend date||23 Aug 2021|
|1y target est||9.20|
City Developments Ltd, run by Singapore’s richest property dynasty, saw a loss of S$32.1 million in the first half due to tax expenses and the pandemic fallout.
Singapore’s richest property dynasty pledged to continue to limit its exposure to its cash-strapped China unit, which is now facing a bankruptcy claim.
For Singapore’s richest property family, the turnaround of City Developments Ltd. is just beginning.