City Developments approves share purchase mandate

The offer price for each preference share will be $0.78 in cash.

City Developments Limited shareholders approved a Share Purchase Mandate, covering preference shares amongst others, authorising share purchases per terms and regulations.

According to a bourse filing, the offer price for each preference share will be $0.78 in cash.

A formal letter outlining the terms, conditions, and rationale for the Off-Market Equal Access Offer, along with acceptance forms, will be sent to registered preference shareholders on or about 23 May 2025.

The offer will be open for acceptance for 10 calendar days, excluding public holidays, commencing from the date of the letter.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia