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United States

City Developments Ltd (CDEVY.PK)

CDEVY.PK on OTC Markets Group

5.98USD
3:59pm EST
Change (% chg)

$-0.00 (-0.08%)
Prev Close
$5.99
Open
$5.91
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$6.07
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$5.89
Volume
15,229
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$6.80
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Mon, Nov 28 2016

BRIEF-City Developments updates on increase in shareholding in associated company

* Republic Hotels & Resorts Limited has acquired an additional 1.5 million ordinary shares in first sponsor group limited

BRIEF-City Developments Group expects to remain profitable for current year

* "outlook for australian property market remains attractive in long- term"

BRIEF-City Developments's unit to exit Summervale Properties, unlock S$977.6 mln via PPS in Nouvel 18

* subsidiary Sunmaster entered into an agreement to exit its entire interest in Summervale Properties Pte. Ltd.

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