The Business Times
business-time-50

City Developments Ltd (CDL)

Companies & Markets

Stocks to watch: CDL, Singapore Kitchen Equipment

CDL announces a 100% take-up rate for the buyback offer for 24,120,733 preference shares.
Companies & Markets

Stocks to watch: CDL, IReit, Civmec

Newport Residences spans levels 23 to 45 of the 45-storey Newport Plaza, which will also have Grade A offices, F&B spaces and branded serviced apartments.
Opinion & Features
THE LEVEL GROUND

Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?

CDL maintains cash reserves of S$2.1 billion, supported by S$4.3 billion in cash and undrawn committed credit facilities.
Property

CDL’s Singapore property sales fall to S$609.6 million in Q1, global hotel RevPAR rises 4.3%

UOL could look to privatise Singapore Land Group or sell its investments in UOB and Haw Par Corporation as optimal strategies.
Opinion & Features
HOCK LOCK SIEW

Quantify, be ambitious: Time for CDL, UOL to unveil plans to further boost share price

Former non-executive and non-independent director of CDL Kwek Leng Peck is to rejoin the property giant on Jun 1.
Companies & Markets

Ex-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements

Targets include scaling urban farming initiatives, establishing and/or expanding microforests with predominantly native species
Companies & Markets

CDL, DBS launch S$300 million green loan to advance nature-based solutions in Singapore

The property giant is looking to “revamp” its strategy and better articulate its value to investors, and has appointed global advisory firm Teneo for the task. 
Property

CDL strategic review ‘timely’ after last year’s disputes, Sherman Kwek tells shareholders

Tengah Garden Residences, an 863-unit development by Hong Leong Holdings, GuocoLand and CSC Land Group, moved roughly 99% of its total inventory over its launch weekend.
Companies & Markets

Citi names top developer picks as mass-market property launches in Singapore see solid take-up

The hotel arm of CDL says changes to the composition of the board are part of its efforts to “ensure it remains well-positioned to support the group’s evolving priorities”.
Companies & Markets

Hospitality veterans David Michels, Howard Panter appointed to Millennium & Copthorne board

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More