|Bid||9.33 x 0|
|Ask||9.35 x 0|
|Day's range||9.23 - 9.35|
|52-week range||7.80 - 9.91|
|Beta (3Y monthly)||1.36|
|PE ratio (TTM)||14.50|
|Earnings date||6 Nov 2019 - 11 Nov 2019|
|Forward dividend & yield||0.08 (0.86%)|
|1y target est||11.48|
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City Developments Ltd (CDL) will hold an exclusive private preview of the 188-unit Haus on Handy this Saturday, June 29. The project is located on Handy Road, within a two-minute walk of the Plaza Singapura shopping mall, which is linked to the Dhoby Ghaut MRT interchange station for the North-South, North-East and Circle Lines. The 188-unit Haus on Handy has two residential blocks of 9- and 12-storeys (Credit: CDL).
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Millennium & Copthorne Hotels Plc has agreed to be acquired by majority owner City Developments Ltd (CDL) in a deal that values the British company at 2.23 billion pounds ($2.84 billion), the companies said on Friday. Shares of M&C surged 35% to the top of the FTSE midcap index and were near the offer price of 685 pence per share. The Singapore-listed real estate firm owns a 65.2% stake in M&C, according to Eikon data from Refinitiv.
UPDATED: City Developments (CDL) has launched another takeover bid for Millennium & Copthorne Hotels (M&C). The latest move comes after CDL built up a 65.2% stake in M&C. CDL says the offer price will remain at the pre-conditional final cash offer price of 685 pence ($11.89) per share offer for the remaining 34.8% of M&C not already owned by CDL.