PPS not a panacea for every CDL high-end residential project

Thu, Jun 09, 2016 - 5:50 AM

Kalpana Rashiwalakalpana@sph.com.sg@KalpanaBT

BT recently reported that Singapore-listed City Developments Ltd (CDL) may be at the preliminary stages of exploring the possibility of carrying out a third profit participation securities (PPS) exercise - this time for a portfolio of 48 apartments in three of the property developer's completed...

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