City Developments Limited (CityDev)

The group is also looking to close the gap between its share price and its RNAV.

See what the analysts have to say on these counters.

Analysts from CGS-CIMB and OCBC Investment Research have kept their target prices at $8.97 and $9.12 respectively.

Shares in CDL closed 8 cents lower or 1.0% down at $7.55 on Jan 7.

This is CDL’s third non-core hotel asset disposal since the beginning of 2020.

SINGAPORE (Aug 16): Property giant City Developments Limited (CDL) has bought shares from the open market for the first time. On Aug 16, the company bought 300,000 shares at an average price of $9.485, which is a discount of nearly 15% of its net asset va

SINGAPORE (July 7): Here are some charts for our technical analysis this week:

SINGAPORE (Apr 3): CIMB is maintain the property and development sector at "overweight" with UOL and City Developments as top picks after q-o-q private homes price hike came in strongest in nearly eight years.

SINGAPORE (Feb 19): DBS says developers are turning more choosy in adding to their Singapore landbank.

SINGAPORE (Oct 10): Brokers are unanimously positive on City Developments' potential offer for Millennium & Copthorne Hotels, given that the acquisition will be value accretive to the group.