Company Watch

CDL can take flight again after shaking off albatross

The Covid-19 pandemic almost decimated City Development's vast global hospitality business while its property development side suffered. PHOTO: CITY DEVELOPMENTS LTD
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SINGAPORE - Nineteenth-century German philosopher Friedrich Nietzsche once wrote an aphorism which went, "what doesn't kill you makes you stronger".

The phrase may be particularly appropriate for listed property group City Developments (CDL), which has gone through its own annus horribilis over the past year.

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