Market SnapshotSingapore stocks opened lower on Tuesday. STI fell 0.1%; Food Empire up 6%; CityDev, SIA and DBS up 0.4%.Stocks in FocusCity Developments Limited (CDL) : The property player will be repurchasing 10 per cent of its preference shares – or about 26.8 million shares – at S$0.78 a share, it announced on Tuesday. CDL has offered to repurchase these shares through the off-market equal access manner, with each pref share holder entitled to sell 10 per cent of such shares held as at 5.30 pm on Jun 2. However, pref share holders may tender shares over 10 per cent of their holding if others do not accept their full entitlement. The offer will be open for acceptance to pref share holders for 10 calendar days from the date of the letter. CDL said there will be no implications for takeov