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India

City Developments Ltd (CTDM.SI)

CTDM.SI on Stock Exchange of Singapore

9.16SGD
16 Aug 2019
Change (% chg)

$0.08 (+0.88%)
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$9.08
Open
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$8.94
Volume
1,930,000
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$9.91
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Latest Key Developments (Source: Significant Developments)

City Developments Enters Series Of Agreements With HCP Chongqing Property Development
Wednesday, 15 May 2019 

May 15 (Reuters) - City Developments Ltd ::ENTERED SERIES OF AGREEMENTS WITH HCP CHONGQING PROPERTY DEVELOPMENT AS PART OF A STRATEGIC PARTNERSHIP WITH SINCERE.ENTERED DEAL WITH SINCERE TO SECURE CALL OPTION TO ACQUIRE 70% STAKE IN SHANGHAI HONGQIAO SINCERE CENTRE (PHASE 2) FOR RMB1.2 BILLION.AS PART OF STRATEGIC PARTNERSHIP WITH SINCERE PROPERTY GROUP, TRANSACTION INVOLVES EQUITY & DEBT ARRANGEMENT OF ABOUT RMB5.5 BILLION.  Full Article

City Developments Qtrly Profit Attributable S$199.6 Mln
Wednesday, 15 May 2019 

May 15 (Reuters) - City Developments Ltd ::QTRLY PROFIT ATTRIBUTABLE S$199.6 MILLION VERSUS S$85.3 MILLION.QTRLY REVENUE S$746.2 MILLION VERSUS S$1.06 BILLION.  Full Article

Tikehau Capital steps up Asia expansion, partners with Singapore's City Developments Ltd
Thursday, 2 May 2019 

May 2 (Reuters) - Tikehau Capital Sc ::* Continues its active growth momentum in Asia across its Singapore, Seoul and newly-opened Tokyo offices.* Tikehau Capital is partnering with City Developments Limited (CDL), a leading Singapore-listed real estate operating company, in IREIT Global Group Pte. Ltd., the manager of IREIT Global.* IREIT Global is a Europe-focused real estate investment trust listed in Singapore in which Tikehau Capital invested in November of 2016.* CDL purchased a 50.0% stake in IREIT Global’s manager and takes up 12.4% stake in IREIT Global. Upon completion of the transaction, Tikehau Capital’s ownership in IREIT Global Group and IREIT Global will be 50.0% and 16.4%, coming from 86.4% and 8.4% previously. .  Full Article

City Developments Announces Acquisition Of Stakes In Ireit Global Group Pte. Ltd. And Ireit Global
Tuesday, 30 Apr 2019 

April 30 (Reuters) - City Developments Ltd ::ANNOUNCS ACQUISITION OF STAKES IN IREIT GLOBAL GROUP PTE. LTD. AND IREIT GLOBAL.UNITS TO ACQUIRE 50% STAKE IN IREIT GLOBAL GROUP PTE AND 12.4% STAKE IN IREIT GLOBAL FOR ABOUT S$77.8 MILLION.  Full Article

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

Singapore's CDL makes fresh bid to buy rest of Millennium & Copthorne Hotels

Millennium & Copthorne Hotels Plc has agreed to be acquired by majority owner City Developments Ltd (CDL) in a deal that values the British company at 2.23 billion pounds ($2.84 billion), the companies said on Friday.