City Developments Ltd (CDL)
Should buyers get more excited over relatively ‘cheap’ freehold Newport Residences?
The project’s underperformance versus River Modern may not be justified
CDL’s Singapore property sales fall to S$609.6 million in Q1, global hotel RevPAR rises 4.3%
For the three months ended Mar 31, the group and its joint venture associates sold 242 units
Quantify, be ambitious: Time for CDL, UOL to unveil plans to further boost share price
Hongkong Land’s strategy update provides a useful reference
Ex-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements
He is the cousin of executive chairman Kwek Leng Beng and will be appointed vice-chairman
CDL, DBS launch S$300 million green loan to advance nature-based solutions in Singapore
It will be used for general corporate funding and working capital purposes, among others
CDL strategic review ‘timely’ after last year’s disputes, Sherman Kwek tells shareholders
The exercise will be ‘a look back at everything we’ve done’, says group CEO; details to be unveiled by end-June
Citi names top developer picks as mass-market property launches in Singapore see solid take-up
Strong sales momentum in primary residential market ‘bodes well’ for CDL and UOL, says brokerage
Hospitality veterans David Michels, Howard Panter appointed to Millennium & Copthorne board
They joined the board on Mar 27 and are experienced in hospitality, large-scale ops and customer-focused businesses
Three directors linked to Kweks’ father-son feud quit Millennium & Copthorne board
Jennifer Duong Young, Daniel Marie Ghislain Desbaillets, Wong Ai Ai’s appointments had featured in chairman Kwek Leng Beng’s earlier lawsuit
CDL sets up S$2 billion multicurrency perpetual securities issuance programme
The net proceeds will be used to finance general working capital and corporate funding, and refinance existing borrowings
