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CDL looks to more fund management deals this year

Group's Q1 net profit up 2.8% at S$123m; revenue rises 11% to S$815m


FOLLOWING the S$1.5 billion monetisation of the cash flow from its Quayside Collection assets on Sentosa Cove last December, City Developments Ltd (CDL) is "actively exploring the possibility" of one or more deals this year to further develop its unlisted funds management...

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