City Dev - U-Turn Its Investment with Hefty Write Off

Finally, City Dev U-Turn its investment in China Sincere Property Group.  

Markets seem to like the news and price action bounce out of its downtrend line.  

City Developments (CDL) is selling its stake in Sincere Property Group for US$1, as it ends the tumultuous backing of the cash-strapped Chinese developer.

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	2.13%	SGD 0.15	SGD0.03	2021-08-23	2021-09-14	Rate: SGD 0.03 Per Security
			SGD0.04	2021-05-05	2021-05-21	Rate: SGD 0.04 Per Security
			SGD0.08	2021-05-05	2021-05-21	Rate: SGD 0.08 Per Security
2020	1.99%	SGD 0.14	SGD0.06	2020-07-03	2020-07-16	Rate: SGD 0.06 Per Security
			SGD0.08	2020-07-03	2020-07-16	Rate: SGD 0.08 Per Security
2019	2.84%	SGD 0.2	SGD0.06	2019-08-23	2019-09-12	Rate: SGD 0.06 Per Security
			SGD0.06	2019-04-30	2019-05-23	Rate: SGD 0.06 Per Security
			SGD0.08	2019-04-30	2019-05-23	Rate: SGD 0.08 Per Security