CDL

Fourth CDL director, Jenny Lim, quits board - THE EDGE SINGAPORE

Company in the news

Fourth CDL director, Jenny Lim, quits board

Jenny Lim Yin Nee, lead independent director of City Developments Ltd, has resigned.

CapitaLand, UOL and CDL remain CGS-CIMB's top picks among 'overweight' property sector - THE EDGE SINGAPORE

Broker's Calls

CapitaLand, UOL and CDL remain CGS-CIMB's top picks among 'overweight' property sector

CGS-CIMB analyst Lock Mun Yee has kept her “overweight” recommendation on the Singapore property sector despite a quieter February for home sales.

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse - THE EDGE SINGAPORE

Investing ideas

The bigger the fall, the stronger the recovery for Singapore market: Credit Suisse

In the classic 1977 film Star Wars, old Ben Kenobi tells Darth Vader, “If you strike me down, I shall become more powerful than you can possibly imagine.”

Company in the news

Is CDL oversold following the family disagreements over Sincere and M&C?

Kwek Leng Peck, cousin to City Developments’ (CDL) executive chairman Kwek Leng Beng and uncle to its group CEO Sherman Kwek, has resigned as a non-executive director of the property group from Oct

Strong August home sales see CGS-CIMB overweighting real estate - THE EDGE SINGAPORE

Broker's Calls

Strong August home sales see CGS-CIMB overweighting real estate

Following strong primary home sales in August, CGS-CIMB analyst Lock Mun Yee has maintained her “overweight” call on Singapore’s real estate market.

Company in the news

M&C's newly-appointed CEO Clarence Tan quits

SINGAPORE (July 21): Barely three months after being appointed as group CEO of Millennium & Copthorne (M&C), Clarence Tan has tendered his resignation to “spend more time with his family”.

Investing ideas

UOB, CDL, Wilmar, AREIT, Netlink Trust top bets for Morgan Stanley

SINGAPORE (June 26): Singapore’s economy is seen to undergo a “sustained” rebound and that bodes well for certain cyclical recovery plays in key sectors, says Morgan Stanley analysts Wilson Ng and

The deals will go on

M&A

The deals will go on

SINGAPORE (Apr 17): This past week, the International Monetary Fund (IMF) warned that the “Great Lockdown” recession this year will be the steepest contraction in almost a century.

CityDev to buy Ransomes Wharf site for $104 mil

SINGAPORE (Feb 2): City Developments is acquiring from Curatus Trust the freehold Ransomes Wharf site at Battersea London for £58 million ($103.7 million) in an exchange of contracts.

Broker's Calls

Property sector is in recovery mode, despite TDSR

SINGAPORE (Jan 17): Residential home sales including executive condominiums reached 12,432 units in 2016, an improvement of 21% over 2015 levels.

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