CDL’s Shares Down by 0.4% at $7.15 Amidst Tan Chong Group’s Disposal of Investments and Assets
On Monday, shares of City Developments Limited (CDL) closed 0.4% down at $7.15, as the Tan Chong Group disposed of investments and assets, which had an estimated value of $321.2 million. The Tan Chong Group had an indirect interest of 7.4% in CDL, which is held through its subsidiary, Tan Chong International Limited (TCIL). The […]