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CapitaLand Investment Limited Issued a Profit Warning: Should Investors Be Worried?

CapitaLand Investment Limited (SGX: 9CI), or CLI, is having a rough time this year. Shares of the blue-chip property giant have slid 15.5% year-to-date to S$3.10. Last week, CLI issued a profit warning for its financial results for the fiscal year ending 31 December 2023. A mix of macroeconomic headwinds, coupled with high interest rates […]

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