City Developments Limited
City Developments Limited (CDL) is a leading global real estate company with a network spanning 104 locations in 29 countries and regions.
See below for the Latest City Developments Limited News, Analysis, Profit Results, Share Price Information, and Commentary.
Daily Markets Briefing: STI up 0.55%; Top stock is Singapore Exchange
Daily Markets Briefing: STI up 0.55%; Top stock is Singapore Exchange
Singapore Exchange is the top stock with a 2.88% increase.
CDL FY2025 net profit surges 213% to $629.7m on property sales surge
Revenue increased by 9.7% to approximately $3.6b from $3.3b.
Daily Markets Briefing: STI up 0.33%; City Developments Limited is most active stock
City Developments Limited is the top stock with a 2.35% increase.
CDL debuts Newport Residences with $1.3m entry price
The development on Anson Road officially enters the market this Friday.
City Developments' nine-month sale up to $2.5b
It also reported strong occupancy at its office and retail portfolio.
What does a top Singapore CEO look like today?
Most lead the same firms they joined decades ago, rising from finance, engineering, or operations into the top job.
CDL takes top bids for Senja Close and Woodlands Drive 17
The two land parcels are for the development of Executive Housing Condominiums.
CDL doubles sales revenue to $1.9b in Q1 2025
It sold 795 units, 85% higher than the same quarter in 2024.
CDL fails bid to take Millennium & Copthorne Hotels private
This is despite raising its offer from $1.76 to $2.20 per share.
CDL raises offer to $2.20 for MCK
This is higher than its initial January bid of $1.76 (NZ$2.25).
CDL dispute prompts call for family governance disclosures
Transparency could help families pick external directors who can mediate during conflicts.
CDL acknowledges deviation from usual process in board changes
It was met with objections from several directors.
CDL group CEO Sherman Kwek forgoes $1.35m long-term incentive grant
He received a total compensation of $2.97m.
CDL posts $201.3m net profit in FY 2024
The decline was largely due to delayed construction.
City Developments’ Kwek Leng Beng drops legal action against son
All the board members have decided to put aside their differences.
Catherine Wu resigns as adviser to CDL subsidiary
Her departure comes amidst an ongoing corporate governance dispute within CDL.
CDL Chairman defends governance amid legal dispute
CDL recently announced a trading halt.
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