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United Kingdom

City Developments Ltd (CTDM.SI)

CTDM.SI on Stock Exchange of Singapore

9.46SGD
24 Jun 2019
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Latest Key Developments (Source: Significant Developments)

City Developments Launches Takeover Offer For Millennium & Copthorne Hotels
Friday, 7 Jun 2019 

June 7 (Reuters) - City Developments Ltd ::CDL LAUNCHES TAKEOVER OFFER FOR MILLENNIUM & COPTHORNE HOTELS.MAXIMUM CASH CONSIDERATION PAYABLE BY CDL AMOUNTS TO £776.29 MILLION.OFFER IS FINAL AND WILL NOT BE INCREASED..FINAL OFFER VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF M&C AT ABOUT S$3.86 BILLION.CASH CONSIDERATION TO BE FUNDED THROUGH COMBINATION OF INTERNAL CASH RESOURCES & FUNDS UNDER A CREDIT FACILITY.CDL BELIEVES THAT IT WILL HAVE TO BECOME INCREASINGLY INVOLVED IN OPERATIONAL AND FINANCIAL MANAGEMENT OF M&C..WHEN FINAL OFFER BECOMES UNCONDITIONAL, M&C WILL APPLY FOR DE-LISTING FROM OFFICIAL LIST OF UK FINANCIAL CONDUCT AUTHORITY.BARCLAYS BANK, MERRILL LYNCH (SINGAPORE) ACTING AS JOINT FINANCIAL ADVISERS; LINKLATERS LLP IS ACTING AS LEGAL ADVISER TO CDL.  Full Article

City Developments To Dispose Stake In T-Grande Investment Holding And T-Grande Property Holding
Thursday, 30 May 2019 

May 30 (Reuters) - City Developments Ltd ::CITY DEVELOPMENTS - TO DISPOSE STAKE IN T-GRANDE INVESTMENT HOLDING PTE AND ITS UNIT T-GRANDE PROPERTY HOLDING PTE FOR S$38.895 MILLION.  Full Article

City Developments Secures Green Loans Amounting To S$500 Mln
Friday, 5 Apr 2019 

April 5 (Reuters) - City Developments Ltd ::SECURED ITS GREEN LOANS AMOUNTING TO S$500 MILLION.  Full Article

City Developments Announces Acquisition Of Freehold Site In UK
Thursday, 28 Feb 2019 

March 1 (Reuters) - City Developments Ltd ::ANNOUNCES ACQUISITION OF A FREEHOLD SITE IN UNITED KINGDOM.DEAL FOR £15.4 MILLION.  Full Article

City Developments Posts Q4 Profit Attributable Of S$77.9 Mln
Wednesday, 20 Feb 2019 

Feb 21 (Reuters) - City Developments Ltd ::Q4 PROFIT ATTRIBUTABLE S$77.9 MILLION VERSUS S$171.9 MILLION.Q4 REVENUE S$788.3 MILLION VERSUS S$1.33 BILLION.FINAL ORDINARY DIVIDEND OF 8.0 CENTS PER SHARE.A SPECIAL FINAL ORDINARY DIVIDEND OF 6.0 CENTS PER SHARE.  Full Article

City Developments Says Unit Acquired Centro Investment Holding Pte. Ltd.
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - City Developments Ltd ::UNIT ACQUIRED CENTRO INVESTMENT HOLDING PTE. LTD..TOTAL CONSIDERATION FOR TRANSACTION IS ABOUT S$29.3 MILLION.FOLLOWING ACQUISITION OF SHARES, CIH & ITS UNIT, CENTRO PROPERTY HOLDING PTE. LTD., HAVE BECOME WHOLLY-OWNED SUBSIDIARIES OF CO.  Full Article

City Developments Completes Purchase Of Property In London For S$687 Mln
Friday, 26 Oct 2018 

Oct 26 (Reuters) - City Developments Ltd ::COMPLETED PURCHASE OF A PRIME FREEHOLD GRADE A OFFICE TOWER IN LONDON FOR S$687 MILLION.  Full Article

City Developments Posts Qtrly PATMI Of S$204.8 Mln
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - City Developments Ltd ::QTRLY REVENUE S$ 1,359.5 MILLION VERSUS S$854 MILLION.DECLARE PAYMENT OF A TAX-EXEMPT (ONE-TIER) SPECIAL INTERIM DIVIDEND OF 6.0 CENTS PER ORDINARY SHARE.QTRLY PATMI S$204.8 MILLION VERSUS S$114.1 MILLION A YEAR AGO.  Full Article

City Developments To Invest Hk$237.8 Mln In IPO Of E-House
Tuesday, 10 Jul 2018 

July 10 (Reuters) - City Developments Ltd ::PDF 1: CITY DEVELOPMENTS LIMITED (NEWS RELEASE - CDL TO INVEST HK$237.81 MILLION IN IPO OF E-HOUSE).CDL TO INVEST HK$237.81 MILLION IN IPO OF E-HOUSE.  Full Article

City Developments Posts Q1 Net Profit Of S$80 Million
Friday, 11 May 2018 

May 11 (Reuters) - City Developments Ltd ::Q1 REVENUE S$1,057.8 MILLION VERSUS S$783.7 MILLION.QTRLY NET PROFIT S$80 MILLION VERSUS S$95.6 MILLION.  Full Article

SE Asia Stocks-Malaysia ends at 2-week low; Singapore gains on China's stimulus hopes

* Vietnam posts third straight loss * Malaysia drops to two-week closing low * Thai index posts fourth consecutive gain By Shreya Mariam Job June 13 The Malaysian stock market hit a two-week closing low on Thursday dragged by utility stocks, as a U.S.-China standoff over terms of a trade deal dampened investor sentiment, while hopes of further stimulus from Beijing boosted some of its trading partners such as Singapore. China's commerce ministry said on Thur