Share Market News : CDL’s online foray in China unlocks potential growth and synergies .

Image result for cdl singapore

SINGAPORE (Sept 8): OCBC Investment Research is keeping City Developments Limited (CDL) on “purchase” with an unaltered reasonable worth appraisal of $9.89 taking after the property designer’s RMB100 million ($20.4 million) interest in mamahome, a Chinese online loft rental stage.

“We are general positive on this venture, given its moderately sensible quantum and that it gives the gathering presentation to a business fragment with huge potential for development and future cooperative energies,” says OCBC lead expert Eli Lee in a Wednesday report.

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