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City Developments Ltd (CTDM.SI)

CTDM.SI on Stock Exchange of Singapore

9.23SGD
18 Apr 2019
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$-0.03 (-0.32%)
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Latest Key Developments (Source: Significant Developments)

City Developments Enters Memorandum Of General Agreement To Acquire & Develop Piece Of Land
Monday, 8 Apr 2019 

April 8 (Reuters) - City Developments Ltd ::INTREPID ENTERED MEMORANDUM OF GENERAL AGREEMENT IN CONNECTION WITH JOINT TENDER TO ACQUIRE & DEVELOP PIECE OF LAND AT SIMS DRIVE.PROPOSED HOUSING DEVELOPMENT AT TENDER PRICE OF $383.5 MILLION.ALL FIGURES IN S$.  Full Article

City Developments Announces Disposal Of Shareholding In Units
Friday, 4 Jan 2019 

Jan 4 (Reuters) - City Developments Ltd ::ANNOUNCES DISPOSAL OF SHAREHOLDING IN UNITS.TOTAL CONSIDERATION FOR TRANSACTION IS ABOUT S$75.3 MILLION, BEING ADJUSTED NET ASSET VALUE OF SHARES.GROUP WILL REALISE A PRE-TAX GAIN OF S$144.3 MILLION FROM DISPOSAL.PRE-TAX GAIN RELAISED ON DEFFERED BASIS ON SALE OF PROPERTY BY CDL GROUP TO GOLDEN CREST IN 2015.UNIT & GOLDEN SPOT LLP HOLD 80% & 20% SHAREHOLDING INTEREST & HAVE ENTERED IN SHARES SALE AGREEMENT WITH BRAS BASAH ACQUISITION.  Full Article

City Developments Posts Qtrly Profit Attributable S$161.8 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - City Developments Ltd ::QTRLY REVENUE S$1.02 BILLION VERSUS S$863.8 MILLION.QTRLY PROFIT ATTRIBUTABLE S$161.8 MILLION VERSUS S$146.6 MILLION.  Full Article

City Developments Updates On award Of Sumang Walk Poperty
Thursday, 8 Mar 2018 

March 8 (Reuters) - City Developments Ltd ::‍UNIT & TID RESIDENTIAL PTE ENTER MEMORANDUM OF GENERAL AGREEMENT TO BUY & DEVELOP LAND IN SINGAPORE AT TENDER PRICE OF S$509.4 MILLION.‍INTEREST HOLDINGS OF CDL CONSTELLATION AND TIDR IN SUMANG WALK PROPERTY PROJECT ARE 60% AND 40% RESPECTIVELY​.  Full Article

City Developments Targets Assets Under Management Of US$5 Bln By 2023
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - City Developments Ltd ::TARGETS ASSETS UNDER MANAGEMENT OF US$5 BILLION BY 2023.AIMS TO LAUNCH SERIES OF CLOSE-ENDED, CO-MINGLED FUNDS FOCUSING ON REAL ESTATE INVESTMENTS IN ASIA PACIFIC BY 2019.  Full Article

City Developments Says Q4 Net Profit Attributable S$186.7 Mln
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - City Developments Ltd ::Q4 REVENUE S$1.33 BILLION VERSUS S$1.17 BILLION.QTRLY NET PROFIT ATTRIBUTABLE S$186.7 MILLION VERSUS S$243.8 MILLION.‍FINAL ORDINARY DIVIDEND OF 8.0 CENTS PER SHARE, RECOMMENDS A SPECIAL FINAL ORDINARY DIVIDEND OF 6.0 CENTS PER SHARE​.  Full Article

MSD Partners Writes to Independent Directors on Millennium & Copthorne Hotels deal
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - MSD Partners LP::MSD PARTNERS LP SAYS ‍LETTER WAS PROVIDED BY SHAREHOLDERS IN MILLENNIUM & COPTHORNE HOTELS PLC TO INDEPENDENT COMMITTEE OF BOARD OF DIRECTORS​."WE WILL NOT TENDER OUR SHARES INTO THIS UNATTRACTIVE OFFER AT ANY TIME TO HELP CDL REACH ACCEPTANCE THRESHOLD OF ITS OFFER".MSD PARTNERS LP SAYS ‍CURRENT OFFER, WHICH IS A FINAL OFFER, FROM CDL "REMAINS HIGHLY OPPORTUNISTIC AND SIGNIFICANTLY UNDERVALUES M&C​".LETTER RAISES CONCERN OVER "INADEQUATE REPRESENTATION OF SHAREHOLDER INTERESTS BY INDEPENDENT COMMITTEE".LETTER RAISES CONCERNS OVER "CORPORATE GOVERNANCE ISSUES THAT CDL OFFER HAS HIGHLIGHTED".M&C HAS "EXCELLENT PROSPECTS" AS STANDALONE BUSINESS; "SHOULD SEEK TO MAXIMIZE SHAREHOLDER VALUE".  Full Article

City Developments qtrly ‍profit for period attributable S$156.147 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - City Developments Ltd :Qtrly ‍revenue S$863.1 million versus S$922.8 million.Q3 ‍profit for period attributable S$156.147 million versus S$170.300 million​.‍declares final tax-exempt dividend and special final tax-exempt dividend of 8.0 cents and 4.0 cents per share​.  Full Article

Millennium & Copthorne reports Q3 pretax profit of 55 mln stg
Monday, 30 Oct 2017 

Oct 30 (Reuters) - MILLENNIUM & COPTHORNE HOTELS PLC : :MILLENNIUM & COPTHORNE HOTELS PLC - ‍NINE MONTHS AND Q3 RESULTS TO 30 SEPTEMBER 2017​.MILLENNIUM & COPTHORNE HOTELS PLC - Q3 ‍REVPAR £89.75 VERSUS £85.78​ LAST YEAR.MILLENNIUM & COPTHORNE HOTELS PLC - ‍Q3 REVENUE TOTAL £263M VERSUS £247M​ LAST YEAR.MILLENNIUM & COPTHORNE HOTELS PLC - ‍Q3 REVENUE - HOTEL £231M VERSUS £221M​ LAST YEAR.MILLENNIUM & COPTHORNE HOTELS PLC - Q3 ‍PROFIT BEFORE TAX £55M VERSUS £46M​ LAST YEAR.MILLENNIUM & COPTHORNE HOTELS PLC - ‍ON A CONSTANT CURRENCY BASIS, GROUP REVPAR WAS UP BY 1.8% FOR THREE WEEKS ENDED 21 OCTOBER 2017​.MILLENNIUM & COPTHORNE - ‍ON A LIKE-FOR-LIKE BASIS, THREE-WEEKS TO OCT 21, GROUP REVPAR INCREASED BY 0.7%, NEW YORK UP BY 3.3%, AUSTRALASIA UP BY 8.0%​.  Full Article

City Developments says unit & Hong Realty successfully tendered for Amber Park site purchase
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - City Developments Ltd ::Unit & Hong Realty successfully tendered for enbloc purchase of Amber Park condominium site.Purchase consideration for property was s$906.7 million.  Full Article

SE Asia Stocks-Singapore rises nearly 1 pct, Philippines drops

* Singapore rises to near one-month high * Philippines down after 2 sessions of gains By Shreya Mariam Job April 1 Singapore shares rose nearly 1 percent on Monday, outperforming other Southeast Asian markets, as positive Chinese factory gauges and signs of progress in Sino-U.S. trade talks boosted investor sentiment, while Philippines stocks declined after two straight sessions of gains. China's manufacturing sector unexpectedly returned to growth for the first