Diversified Real Estate Activities

CityDev

CDL and CapitaLand Share Prices Surge; CDL FY2025 Net Profit Jumps 213% with Dividend Hike

City Developments Limited Secures S$300M Sustainability-Linked Loan from DBS

CDL Launches OTC Tender Offer to Repurchase Redeemable Cumulative Preferred Shares

CDL Undertakes Strategic Review

Citibank Research Names City Developments Ltd and UOL Group as Top Picks in the Property Sector

CDL Responds to Shareholders on 2026 Performance Stock Plan

CDL Holds Extraordinary General Meeting to Approve 2026 Performance Share Plan

City Developments Launches SGD 2 Billion Multicurrency Perpetual Bond Offering

CDL Announces Emission Reductions and Sustainable Financing Over 11 Billion SGD

CDL Holds 63rd Annual General Meeting to Discuss 2025 Fiscal Year Business

JP Morgan Downgrades CDL and UOL Ratings and Target Prices

CDL Exploring Methods to Enhance Commercial Portfolio Value

Urban Development Company Completes $50 Million Expansion of City Plaza Mall

City Development to Unlock Value Through Asset Recycling

CityDev released FY2025 9 Months Earnings on February 27, 2026 (SGT) with actual revenue of SGD 2.637 B and EPS of SGD 0.379

CityDev released FY2025 Q3 earnings on February 27, 2026 (SGT) with actual revenue of SGD 949.6 M and EPS of SGD 0.2821

CDL reports 212.8% increase in net profit to 629.7 million SGD for FY2025

CityDev released FY2025 annual earnings on February 27 Pre-Market SGT, actual revenue SGD 3.587 B (forecast SGD 3.487 B), actual EPS SGD 0.679 (forecast SGD 0.3242)

CityDev released FY2025 Q4 earnings on February 27 Pre-Market (SGT), actual revenue SGD 949.6 M, actual EPS SGD 0.2821

CityDev to Release FY2025 Annual Earnings on February 27, 2026 Pre-Market SGT, Forecast Revenue SGD 3.518 B, EPS SGD 0.3453

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Geely MB ePW261005

Abundance

Autagco

Asian Micro

HSI 28000MBePW260629

Teho

Alibaba MB eCW260703

Acesian Partners

NKY 55000MBePW260911

Kwek Leng Peck, cousin of Singapore's second richest man, is rejoining City Developments Limited (CDL) as vice chairman after resigning in 2020 over disagreements on investments. His return comes amid a strategic review of the company, which has faced challenges, including a significant loss from a China investment. CDL's chairman welcomed his experience, while analysts suggest his appointment could enhance strategic oversight as the company navigates its future direction.

vnexpress

Hong Leong Asia

CITYDEV NCCPS

Singapore’s 2nd richest man Kwek Leng Beng’s cousin returns to CDL board 6 years after quitting over disagreements

The Straits Times Index (STI) rose 1.51% to close at 5,072.340 on May 19. City Developments was the top performer with a 4.85% increase, followed by Thai Beverage (+4.49%) and Capitaland Investment (+3.08%). Wilmar International and Keppel Ltd lagged behind.

Singapore Business Review

FTSE Straits Times Index

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Keppel Reit

Daily Markets Briefing: STI up 1.51%; Top stock is City Developments

City Developments Ltd (CDL) and UOL Group have seen strong share price rallies amid a revival in Singapore's property market, despite some losses due to Middle East conflicts. CDL reported a net profit of S$629.7 million for FY2025, a 213% increase, with a dividend per share of S$0.28, up from S$0.10 in FY2024.

Businesstimes News

Quantify, be ambitious: Time for CDL, UOL to unveil plans to further boost share price

Singapore stocks rose on May 19, with the Straits Times Index (STI) up 1.5% to 5,072.34. City Developments led gains, rising 4.8%, while Wilmar International was the worst performer, down 1.6%. Local banks also saw increases, with DBS up 2%. Overall, gainers outnumbered losers 325 to 302. Regional indices showed mixed results.

Singapore stocks end higher amid mixed regional showing; STI up 1.5%

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City Developments Limited (CDL) announced that Kwek Leng Peck will become vice-chairman and non-executive director on June 1, rejoining after resigning in October 2020. CDL shares fell 0.25% to S$7.84. Lendlease Global Commercial Reit reported a 12.2% retail rental reversion for Q3 2026 and completed a 30% stake acquisition in PLQ Mall. Its units remained unchanged at S$0.57.

Lendlease Reit

Frencken

Geo Energy Res

Ever Glory

Lendlease Group

Stocks to watch: CDL, Lendlease Global Commercial Reit, Frencken, Geo Energy, Ever Glory

Kwek Leng Peck, former non-executive director of City Developments Ltd (CDL), is rejoining the board nearly six years after resigning due to disagreements over investments and management. He will also serve as vice-chairman starting June 1. CDL stated that Kwek's experience will enhance the board's strategic planning and leadership. Additionally, non-executive director Daniel Marie Ghislain Desbaillets will step down from his position on May 31.

Ex-CDL director Kwek Leng Peck rejoins board, six years after resigning over disagreements

City Developments Limited (CDL), led by Singapore's second-richest man Kwek Leng Beng, has secured a S$300 million (US$234 million) sustainability-linked loan from DBS. The loan aims to enhance climate resilience through various sustainability targets. CDL has raised over S$11 billion in sustainable financing since 2017 to support its net-zero goals. This marks the second partnership between CDL and DBS for sustainability-linked financing.

Singapore’s 2nd richest man Kwek Leng Beng’s CDL secures $234M sustainability-linked loan from DBS

CityDev(C09.SG)