Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
HOCK LOCK SIEW
Will minority owners of M&C bite?
At an enterprise value of 12 times its Ebitda, it's trading at an attractive level compared to global hospitality plays, says DBS analyst Rachel Tan
SINGAPORE property tycoon Kwek Leng Beng has finally put to rest years of market speculation over whether City Developments (CDL), the majority owner of Millennium & Copthorne (M&C), will seek to privatise the London-listed hotel chain.
On Monday, CDL - the Singapore-listed...
If you are already a BT subscriber, please log in.
