Monday, August 30, 2010

Wing Tai, CityDev fall on government moves

Written by Thomson Reuters


Monday, 30 August 2010 15:53

Shares of property developers Wing Tai Holdings (WTHS.SI) and City Developments (CTDM.SI) fell more than 4% after the Singapore government announced measures to cool the residential property market.

Wing Tai and City Developments have relatively greater exposures to the mass residential segment of the market.

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