CDL has good of list of properties which can be sold to lower debt if they want to. Higher debt also help them to lower the tax payment. 

Is City Developments (SGX:C09) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is City Developments (SGX:C09) Using Too Much Debt?

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