Key Developments: City Developments Ltd (CDEVY.PK)

CDEVY.PK on OTC Markets Group

7.35USD
17 Oct 2014
Price Change (% chg)

$0.09 (+1.24%)
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$7.26
Open
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Volume
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$8.87
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Latest Key Developments (Source: Significant Developments)

City Developments Ltd announces incorporation of subsidiary company
Friday, 3 Oct 2014 06:10am EDT 

City Developments Ltd:Announces that Singapura Developments (Private) Limited, a wholly-owned subsidiary of the Company, has incorporated an indirect wholly-owned subsidiary known as CDL Crestview Holdings Pte. Ltd.  Full Article

City Developments Ltd and U.S. based investment firm jointly acquire prized freehold land site in Tokyo for S$355.5 mln from Seiko Holdings Corp
Tuesday, 30 Sep 2014 05:05am EDT 

City Developments Ltd:Says the company together with a U.S. based investment firm have acquired, through a jointly established Japanese special purpose company, a prime freehold land site in Tokyo for 30.5 bln yen (about S$355.5 mln) from Seiko Holdings Corp (Seiko).  Full Article

City Developments Ltd's indirect subsidiary acquires Anting Investments from Global Properties
Monday, 22 Sep 2014 05:24am EDT 

City Developments Ltd:Entered into an agreement between Merit City Global Ltd, a subsidiary of CDL China Ltd, which is in turn an indirect subsidiary of the company, and Global Properties (China) Ltd, an unrelated third party incorporated under the laws of Hong Kong on Feb. 1, 1994.Merit City has acquired from Global Properties the entire issued share capital, comprising eight ordinary shares of $1.00 each, and the assignment of Shareholder Loan of Anting Investments Ltd (AIL), a company incorporated in the Republic of Mauritius.The total consideration for the sale shares and the assignment of shareholder loan shall be $22,584,084.40 (US).The aggregate consideration for the Transaction will be satisfied through the internal resources of the company.Completion of the transaction has taken place on Sept. 19.AIL, an investment holding company, is the sole legal and beneficial owner of Shanghai Anting Waratah Real Estate Development Co Ltd, a wholly foreign owned enterprise incorporated in the People‚Äôs Republic of China. Shanghai Anting has a paid-in capital of $12,500,000.00.Following the Transaction, both AIL and Shanghai Anting will become wholly-owned subsidiaries of Merit City, and indirect wholly-owned subsidiaries of the company.  Full Article

City Developments Ltd's subsidiary incorporates two wholly-owned subsidiary
Wednesday, 3 Sep 2014 05:31am EDT 

City Developments Ltd:Announce that Singapura Developments (Private) Limited, wholly-owned subsidiary of the Company has incorporated two wholly-owned subsidiary companies known as CDL Acquisitions Pte. Ltd. (CDL Acquisitions) and City Developments Investments Pte. Ltd. (City Developments Investments).Principal activity of two wholly-owned subsidiary companies is investment holding.  Full Article

City Developments Ltd's subsidiary announces incorporation of subsidiary companies
Tuesday, 19 Aug 2014 06:00am EDT 

City Developments Ltd:Says Singapura Developments (Private) Limited, a subsidiary of the company has incorporated two subsidiary companies known as Citydev Viva Holdings Pte. Ltd. and Citydev Estate Holdings Pte. Ltd.Both the subsidiary were incorporated in Singapore on July 04, with issued share capital of S$2.00 each.Principal activity of these subsidiary is investment holding.  Full Article

City Developments Ltd declare special interim ordinary dividend
Wednesday, 13 Aug 2014 07:38pm EDT 

City Developments Ltd:Declare payment of a tax-exempt (one-tier) special interim ordinary dividend of 4.0 cents per ordinary share.Payment date for tax-exempt (one-tier) special interim ordinary dividend will be Sept. 10.Books closure date on Aug. 25.  Full Article

City Developments announces incorporation of subsidiary companies
Wednesday, 28 May 2014 05:52am EDT 

City Developments Ltd:Says incorporation of two wholly-owned subsidiaries known as Adisa Holdings Pte. Ltd. (Adisa) and Dathan Holdings Pte. Ltd. (Dathan).Adisa has in turn incorporated a wholly-owned subsidiary known as Blest Investments Pte. Ltd.Dathan also has incorporated a wholly-owned subsidiary known as Ellinois Management Services Pte. Ltd.  Full Article

City Developments declares payment of Preference Dividend
Wednesday, 14 May 2014 05:53am EDT 

City Developments Ltd:Declares the payment of a tax-exempt (one-tier) non-cumulative preference dividend of S$0.0193 per Preference Share.Payable on June 30.  Full Article

City Developments Ltd incorporates two new subsidiaries
Friday, 25 Apr 2014 05:34am EDT 

City Developments Ltd:Welland Investments Limited, a wholly-owned subsidiary of Singapura Developments (Private) Limited, in turn a wholly-owned subsidiary of the Company, has incorporated two wholly-owned subsidiaries.Opaline Holdings Limited (Opaline) and Qaiser Holdings Limited (Qaiser) are two newly incorporated subsidiaries.Principal activity is investment holding and property development.  Full Article

City Developments Ltd's SDPL incorporates subsidiaries
Monday, 14 Apr 2014 05:58am EDT 

City Developments Ltd:Says a subsidiary Singapura Developments Pvt Ltd (SDPL) has incorporated a subsidiary on March 19 known as CDL Evergreen Pte Ltd in Republic of Singapore.The principal activity is investment holding.Says a subsidiary of SDPL, Welland Investments Ltd has incorporated an indirect subsidiary known as Adelais Properties Ltd on March 10 in Jersey.The principal activity is property owning.  Full Article

Singapore's City Developments in joint $278 mln Japan land purchase

SINGAPORE, Sept 30 - Singapore's second largest property developer City Developments Ltd said on Tuesday it has bought, along with an unnamed U.S. investment company, a piece of freehold land in Tokyo for 30.5 billion yen ($278.21 million).

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