Sherman Kwek


CityDev CEO Grant Kelley resigns; developer posts 18% drop in 2Q17 earnings to $110 mil

SINGAPORE (Aug 11): City Developments has announced a 17.9% drop in 2Q17 earnings to $109.9 million from $133.8 million in 2Q16.

CityDev to invest in Distrii, China operator of co-working spaces

SINGAPORE (Jan 19): City Developments Limited (CDL) has signed an agreement to invest RMB 72 million ($14.8 million) for a 24% stake in Distrii, a leading operator of co-working spaces in China.