City Developments 02 (Nov 16 - Dec 26)

[behappyalways]

CDL to divest at least $600 mil to lower ‘very high’ gearing: CEO Sherman Kwek
https://www.theedgesingapore.com/news/c ... erman-kwek

[behappyalways]

Of doctors and snakes: Sparks fly at CDL AGM as board, shareholders cross-examine family feud
https://www.theedgesingapore.com/news/c ... amily-feud

[behappyalways]

City Developments net gearing ratio at 72% in 1QFY2025 business update; divestments remains key pillar of group strategy
https://www.theedgesingapore.com/capita ... ts-remains

[behappyalways]

Singapore’s CDL to sell $2.75 bil office complex to cut debt
https://www.theedgesingapore.com/news/c ... x-cut-debt


CDL to book gain of $465 mil after selling stake in South Beach to JV partner IOI Properties Group
https://www.theedgesingapore.com/news/p ... ties-group

[behappyalways]

CDL sets new benchmark for EC land with S$782 psf ppr bid for Woodlands plot
https://www.businesstimes.com.sg/proper ... lands-plot

[behappyalways]

CDL reports 3.9% rise in patmi in 1HFY2025 with special dividend of 3 cents
https://www.theedgesingapore.com/capita ... nd-3-cents

[behappyalways]

CDL and Mitsui Fudosan’s Zyon Grand sells 84% of units on launch weekend at average selling price of $3,050 psf
https://www.theedgesingapore.com/news/p ... ge-selling

[behappyalways]

City Developments total sales value for 3QFY2025 at $313.2 mil with no new launches during quarter
https://www.theedgesingapore.com/capita ... ng-quarter