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City Developments Ltd (CTDM.SI)

CTDM.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

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

Singapore's CDL says M&C offer extended to Jan. 26
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - City Developments Limited ::OFFER UPDATE.‍UPDATE ON RECOMMENDED FINAL CASH OFFER FOR MILLENNIUM & COPTHORNE HOTELS BY AGAPIER INVESTMENTS LIMITED​.‍AS AT 1.00 P.M. ON 23 JAN, VALID ACCEPTANCES HAD BEEN RECEIVED FOR ABOUT 44.21 PERCENT OF OFFEREE SHARES NOT ALREADY OWNED BY CDL PARTIES​.‍FINAL OFFER IS BEING EXTENDED AND WILL REMAIN OPEN FOR ACCEPTANCE UNTIL 1.00 P.M. ON 26 JANUARY 2018​.  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 enters deal to acquire RMB 900 mln Prime Shanghai Commercial project
Tuesday, 14 Feb 2017 

City Developments Ltd : Unit entered into equity transfer agreement to acquire Prime Shanghai Commercial project for total transaction value of RMB 900 million .Acquisition will be made through purchase of a 100% equity stake in Shanghai Meidao Investment Co.  Full Article

SE Asia Stocks-Indonesia jumps most in nearly 5 months; Philippines reverses course

* Indonesia closes at 7-month high in broad-based gains * Philippines loses ground in last few minutes By Shreya Mariam Job Nov 29 Indonesian shares jumped the most in about five months on Thursday as comments by U.S. Federal Reserve Chair Jerome Powell buoyed investor sentiment toward riskier assets, while Philippine stocks pulled back from a near 11-week top to close slightly lower. The Jakarta SE Composite Index rose 1.9 percent to a seven-month closing high,