Business
Five things about Philip Yeo, former EDB chairman and outgoing CDL director
Veteran public servant and economic heavyweight Philip Yeo made headlines on Tuesday (Jul 15), when news broke that he was retiring from…
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CDL
Business
CDL shares surge over 6% after Philip Yeo exits board
Shares of City Development Limited (CDL) rose more than 6 per cent on Wednesday (Jul 16), after the property conglomerate said on Tuesday…
Business
Stocks to watch: SIA, CDL, UOL Group, TalkMed, Amara
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 16): Singapore Airlines (SIA):…
Business
Stocks to watch: SIA, CDL, UOL Group, TalkMed, Amara, Seatrium
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 16): Singapore Airlines (SIA):…
Business
Philip Yeo to step down from CDL board after fiery AGM showdown
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Business
Philip Yeo to step down from CDL board
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Business
Stocks to watch: Frasers Property, UOL, CDL, GuocoLand, Keppel, Thakral, QAF
The following companies saw new developments that may affect trading of their securities on Friday (Jul 4): Frasers Property, UOL Group,…
Business
Stocks to watch: CDL, UMS Integration, Capital World
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 1): City Developments Ltd (CDL):…
Business
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of $67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Business
CDL, MCL Land marketing Piccadilly Galleria retail podium for sale at lower price of S$67.5m
Piccadilly Grand’s retail podium is up for sale for S$67.5 million, at a lower price after an earlier expression of interest exercise…
Business
Stocks to watch: CapitaLand Investment, CDL, SingPost, SIA Engineering, Delfi, SLB, Dasin Retail Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (May 21). CapitaLand Investment…
Business
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore…
Business
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Development Limited’s (CDL) wholly…
Business
Stocks to watch: ST Engineering, Keppel, Keppel DC Reit, CDL, ICP
The following companies saw new developments that may affect trading of their securities on Monday (Apr 21). ST Engineering: Ravinder…
Business
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion
City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to questions from shareholders,…
Business
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion, Sherman Kwek’s strategy
City Developments Ltd (CDL), which was recently embroiled in a family power struggle, has responded to a wide range of questions from…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
Sherman Kwek saying ‘there was no attempt to oust me misses the point’: CDL chairman Kwek Leng Beng
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attemptto oust him “misses the point”, in yet…
Business
Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser
THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr…
Business
Quick takes: What observers are saying about the CDL boardroom tussle
One observer says the group could have better corporate governance, while another says its core businesses will remain unaffected A BATTLE…
Business
Some analysts downgrade CDL, reduce price target on boardroom tussle
ANALYSTS believe that the ongoing feud between CDL’s executive chairman Kwek Leng Beng and chief executive officer and his son, Sherman…
News
Two new CDL directors will not exercise any powers until further notice from court: Kwek Leng Beng
THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL…
Business
CDL says Sherman Kwek remains group CEO, as board battle erupts
City Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our…