Profile: City Developments Ltd (CDEVY.PK)

CDEVY.PK on OTC Markets Group

7.45USD
30 Jan 2015
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$-0.10 (-1.39%)
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City Developments Limited (CDL), incorporated on September 9, 1963, is engaged in property development, ownership and investment holding. The Company’s subsidiaries are engaged in property development and ownership, hotel ownership and operations, a club operation and ownership, investment in properties and in shares, property management, project management and provision of consultancy services, and hospitality-related information technology and procurement services. CDL operates in four business segments: property development, hotel operations, rental properties and others.

Property development

Under its property development segment, the Company develops and purchases properties for sale. These activities are done by CDL Management Services Pte. Ltd, a CDL’s subsidiary.

Hotel operations

The hotel operations segment of the Company owns and manages hotels. These activities are done by the Company’s subsidiaries which include CDL Hotels (Chelsea) Limited, CDL Hotels (Chelsea) Limited, CDL Hotels (Malaysia) Sdn. Bhd. and CDL Hotels (UK) Limited.

Rental properties

Through its rental properties segment, CDL develops and purchases investment properties for lease. These activities are basically done by the Company’s subsidiaries which are: Island City Garden Development Pte. Ltd., Land Equity Development Pte Ltd, Land Equity Development Pte Ltd and Land Equity Development Pte Ltd.

Others

Other segment consists of club operator and owner, investment in shares, property management, project management and consultancy services and provider of information technology and procurement services.

The Company has a network of more than 300 subsidiaries and associated companies under its wings. CDL owns and manages a portfolio of residential and investment properties, in addition to hotels, across Asia, Europe/Middle East, North America and New Zealand/Australia.

The property development segment develops and purchases residential properties for sale. Hotel operations segment owns and manages hotels. Rental properties segment develops and purchases investment properties for lease. Other segment consists of club operator and owner, investment in shares, property management, project management and consultancy services and provider of information technology and procurement services. The Company has a network of more than 300 subsidiaries and associated companies under its wings. CDL owns and manages a portfolio of residential and investment properties, in addition to hotels, across Asia, Europe/Middle East, North America and New Zealand/Australia. Its subsidiaries include100G Pasir Panjang Poad Pte Ltd, Allinvest Holding Pte Ltd, Allventure Limited, Aston Properties Pte Ltd, Bloomsville Investments Pte Ltd, CBM Pte. Ltd., CBM Parking Pte. Ltd., CBM International Pte. Ltd., CBM Solutions Pte. Ltd., CDL Land Pte Ltd., CBM Security Pte. Ltd., CDL Properties Ltd. and Central Mall Pte Ltd.

Company Address

City Developments Ltd

36 Robinson Road, #20-01 City Ho
    068877
P: +656.8778228
F: +656.2232746

Company Web Links

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