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City Developments Ltd (CDEVY.PK)

CDEVY.PK on OTC Markets Group

7.36USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

City Developments on track to achieve S$5 BLN FUM by end 2015
Wednesday, 22 Feb 2017 08:01pm EST 

City Developments Ltd :"We now have over S$3.5 billion in funds under management, on track to achieve our target of S$5 billion by end 2018".  Full Article

City Developments on track to achieve S$5 BLN FUM by end 2015
Wednesday, 22 Feb 2017 06:33pm EST 

City Developments Ltd :"We now have over S$3.5 billion in funds under management, on track to achieve our target of S$5 billion by end 2018".  Full Article

City Developments says Q4 net profit S$243.8 mln vs S$410.5 mln
Wednesday, 22 Feb 2017 06:32pm EST 

City Developments Ltd : Q4 revenue s$1,167 million versus s$855 million . Board is recommending a special final ordinary dividend of 4.0 cents per share . Final ordinary dividend of 8.0 cents per share .Q4 net profit s$243.784 million versus s$410.5 million.  Full Article

City Developments to buy Ransomes Wharf site in London to develop £222 mln luxury residential project
Thursday, 2 Feb 2017 03:25am EST 

City Developments Ltd : Exchanges contracts to buy Ransomes Wharf site in Battersea South West London to develop a £222 million luxury residential project .Unit exchanged contracts to buy the freehold Ransomes Wharf site in Battersea, London, SW11, from Curatus Trust.  Full Article

City Developments to take 24 pct stake in Distrii
Wednesday, 18 Jan 2017 08:15pm EST 

City Developments Limited : Proposed investment in a leading operator of co-working spaces in the people's republic of china .Signed an agreement to invest rmb 72 million (approximately s$14.8 million 1) for a 24% stake in Distrii.  Full Article

City Developments to take 24 pct stake in Distrii
Wednesday, 18 Jan 2017 06:19pm EST 

City Developments Limited : Proposed investment in a leading operator of co-working spaces in the people's republic of china .Signed an agreement to invest rmb 72 million (approximately s$14.8 million 1) for a 24% stake in Distrii.  Full Article

City Developments announces proposed disposal of shareholdings in Exchange Tower Ltd
Monday, 22 Aug 2016 05:39am EDT 

City Developments Ltd : Proposed disposal of shareholdings in Exchange Tower Ltd) . Says total sale consideration for the Venus shares of thb 4.8 billion . Disposal is not expected to have any material impact on earnings of co for the financial year ending 31 December . Venus Real Estate Investments Limited on 16 August 2016 entered into an agreement with, Sccp Reit Company .  Full Article

City Developments expects overseas projects to contribute to profit from H2
Wednesday, 10 Aug 2016 07:31pm EDT 

City Developments Ltd : Second quarter and/ or half yearly results) . Group's overseas development projects are expected to begin contributing to profit from 2h 2016 . "Will also continue to grow our funds management business" .  Full Article

City Developments reports qtrly net profit of S$133.8 million vs S$133.5 million
Wednesday, 10 Aug 2016 07:30pm EDT 

City Developments Ltd : Second quarter and/ or half yearly results . Qtrly net profit S$ 133.8 million versus S$133.5 million a year ago . Board of directors declared a tax-exempt (one-tier) special interim ordinary dividend of 4.0 cents per ordinary share . Qtly revenue S$1.09 billion versus S$824.9 million a year ago . "Global markets remain vulnerable and highly sensitive in the midst of multiple uncertainties" . "Domestically, the prevailing property cooling measures and a subdued economy also continue to weigh on market sentiment" . "Challenges have forced the group to recalibrate and evaluate its asset portfolio more intensively" .Group expects to remain profitable for the current year.  Full Article

City Developments releases statements on UK's referendum result
Friday, 24 Jun 2016 07:07am EDT 

City Developments Ltd : CDL statement on UK's European union (EU) referendum result . Continues to have confidence in the long-term fundamentals of the UK economy . "Group's exposure to the rest of Europe is not significant" .  Full Article

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BRIEF-City Developments on track to achieve S$5 BLN FUM by end 2015

* "We now have over S$3.5 billion in funds under management, on track to achieve our target of S$5 billion by end 2018" Source text for Eikon: Further company coverage: