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City Developments Ltd (CTDM.SI)

CTDM.SI on Stock Exchange of Singapore

8.29SGD
17 Dec 2018
Change (% chg)

$0.06 (+0.73%)
Prev Close
$8.23
Open
$8.30
Day's High
$8.35
Day's Low
$8.24
Volume
1,281,400
Avg. Vol
1,998,850
52-wk High
$13.60
52-wk Low
$7.80

Latest Key Developments (Source: Significant Developments)

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

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

UPDATE 2-M&C Hotels chief leaves after just three months in charge

* Fox was developing strategic plan (Adds details on shares, background, analyst comment)