The Business Times

City Developments Ltd (CDL)

Property

CDL, Mitsui Fudosan to launch Zyon Grand with prices from S$2,689 psf

On the benchmark Straits Times Index, City Developments Ltd is the top gainer on Friday with a 0.4% rise to S$6.83.
Companies & Markets

Singapore shares fall on Friday, in line with regional declines; STI slips 0.2%

From left: Sherman Kwek, CDL group chief executive; Kwek Leng Beng, executive chairman of Hong Leong Group and CDL; and Professor Tan Thiam Soon from SIT.
Lifestyle
TAKING HEART

CDL, Kwek Leng Beng donate S$24 million to SIT

Hong Leong Group executive chairman Kwek Leng Beng (left) with Shanghai party secretary Chen Jining in Shanghai on Sep 9.
Companies & Markets

Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline
Property

Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline

CDL chief investment officer Gerald Yong said the planned divestment is aligned with its strategic focus on capital recycling and portfolio optimisation.
Property

CDL puts Quayside Isle @ Sentosa Cove mall up for sale at S$111 million

City Developments Ltd chief executive Sherman Kwek (left) wit his father and executive chairman Kwek Leng Beng (right) at the group's results briefing on Wednesday.
Reits & Property

CDL H1 profit up 3.9% at S$91.2 million on robust condo sales; declares higher special dividend of S$0.03 per share

CDL's recent hotel launches include the July opening of M Social Penang in Malaysia. Executive chairman Kwek Leng Beng (third from left) says the group has grown its global portfolio through "strategic hotel management contracts and partnerships".
Companies & Markets

CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500

Philip Yeo, dubbed Singapore's "former economic tsar", has had a prolific public service career spanning more than four decades, which is documented in his 2016 biography -"Neither Civil Nor Servant: The Philip Yeo Story".
Companies & Markets

Five things about Philip Yeo, former EDB chairman and outgoing CDL director

This photograph taken on March 1, 2025 shows the company logo of property giant City Development Limited (CDL) on the Republic Plaza building in Singapore. A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd into turmoil, with a private boardroom dispute for one of the city-state's wealthiest families erupting into public view this week. (Photo by Roslan RAHMAN / AFP) / To go with 'SINGAPORE-CONSTRUCTION-FAMILY,FOCUS' by Martin ABBUGAO
Companies & Markets

CDL shares surge over 6% after Philip Yeo exits board

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