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CDL posts record quarterly earnings of S$384.9m

Boost from sale of cashflows relating to Quayside Collection project; final dividends totalling 12 cents a share

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Artist's impression of the Quayside Collection.City Developments Limited (CDL) posted its best-ever quarterly result on the back of completion of the sale of cashflows of its novel profit participation security platform for its Quayside Collection project in Sentosa Cove.

Singapore

CITY Developments Limited (CDL) posted its best-ever quarterly result on the back of completion of the sale of cashflows of its novel profit participation security platform for its Quayside Collection project in Sentosa Cove. Net earnings for the fourth quarter ended Dec 31,

sentifi.com

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