SINGAPORE -- Shares of Singapore-based developer City Developments (CDL) plunged to a 16-year low on early Monday, after a three-day trading halt, amid a boardroom tussle between father and son for control of the property company.
Equities
Singapore's CDL stock plunges to 16-year low amid family feud
Developer's stock resumes trading after three-day halt
Shares of CDL were down as much as 7% on March 3, after trading in the shares was halted on Feb. 26 in the wake of a boardroom power struggle at the Singaporean property developer. © Reuters
Read Next
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Equities
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)