Kwek Leng Beng

CDL warns of property cooling measures in Singapore - THE EDGE SINGAPORE

Property

CDL warns of property cooling measures in Singapore

CDL's comments on potential property curbs mark the first time a developer has waded in on the issue.
Fourth CDL director, Jenny Lim, quits board - THE EDGE SINGAPORE

Company in the news

Fourth CDL director, Jenny Lim, quits board

Lim, a former KPMG partner, joined CDL's board back in June 2018
'Proxy to Singapore' to continue land banking - THE EDGE SINGAPORE

Property

'Proxy to Singapore' to continue land banking

City Developments will continue to landbank in Singapore even as it unlocks value from portfolio of old undervalued assets
CDL records $1.78 bil impairment on Sincere Property Group; declares $1.92 bil loss for FY20 - THE EDGE SINGAPORE

Results

CDL records $1.78 bil impairment on Sincere Property Group; declares $1.92 bil loss for FY20

Despite the losses, the group has declared total dividend of 12.0 cents per share for the FY2020.

Property

CDL's Sherman Kwek seeks to salvage Sincere Property deal

It’s the biggest challenge yet for Kwek, who’s been at the helm for three years and spearheaded the Sincere deal in 2019.
STI down slightly to 2,990.66, up 4.6% w-o-w - THE EDGE SINGAPORE

STI watch

STI down slightly to 2,990.66, up 4.6% w-o-w

Week-on-week, the benchmark index grew 4.6% from the previous week’s (Jan 4) 2,858.90.
CDL appoints Deloitte & Touche as external financial advisor to evaluate investment in Sincere Property Group - THE EDGE SINGAPORE

Company in the news

CDL appoints Deloitte & Touche as external financial advisor to evaluate investment in Sincere Property Group

The financial advisory services company will assist CDL in further evaluating and reviewing its investment in Sincere Property.
Citing disagreements over investment in China, Kwek Leng Peck quits CDL's board - THE EDGE SINGAPORE

Company in the news

Citing disagreements over investment in China, Kwek Leng Peck quits CDL's board

CDL has committed a total of $1.9 billion to support Sincere Property Group, in which it holds a 51% stake
Three 'unstoppable' entrepreneurs named - THE EDGE SINGAPORE

EY Entrepreneur Of The Year 2020 Awards Singapore

Three 'unstoppable' entrepreneurs named

The three winners embody this year’s theme of "The Unstoppables", says Max Loh of EY
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