CITY DEVELOPMENT LIMITED RNAV :$19.461-- STRONG BUY TARGET $10.50 and $8.97

SPOT_ON
04-29

CDL purchased started 954,000 ordinary shares at an average price of S$5.75. This represents a discount of 43% to Net Asset Value (NAV) per share of S$10.12 and a discount of 70% to Revalued NAV per share of S$19.461 as at 31 December 2023, 

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Modified in.04-29
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