CDL gains most in more than 3 years after fresh bid for Millennium & Copthorne Hotels

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SINGAPORE: City Developments Ltd’s (CDL) gains rose the most in more than three years on Monday (Jun 10) as investors reacted to the announcement that it had made a fresh bid for Britain’s Millennium & Copthorne (M&C) Hotels. Shares of the real estate firm jumped 5.9 per cent – its largest single …