|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||5.51 - 5.58|
|52-week range||4.50 - 6.28|
|Beta (5Y monthly)||1.43|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.04 (0.80%)|
|Ex-dividend date||20 Aug 2021|
|1y target est||7.76|
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.