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City Developments Ltd (CDEVY.PK)

CDEVY.PK on OTC Markets Group

9.55USD
23 Feb 2018
Change (% chg)

$0.07 (+0.73%)
Prev Close
$9.48
Open
$9.61
Day's High
$9.61
Day's Low
$9.55
Volume
519
Avg. Vol
5,947
52-wk High
$10.24
52-wk Low
$6.66

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About

City Developments Limited is a real estate operating company with its presence spanning approximately 100 locations in over 30 countries. The principal activities of the Company are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and... (more)
No analyst recommendations are available for .

Overall

Beta: -0.58
Market Cap(Mil.): $8,727.64
Shares Outstanding(Mil.): 909.30
Dividend: 0.03
Yield (%): 1.22

Financials

  Industry Sector
P/E (TTM): -- 17.50 16.59
EPS (TTM): -- -- --
ROI: -- 7.09 35.07
ROE: -- 10.62 17.79

BRIEF-City Developments Says ‍Frank Khoo Shao Hong To Be Appointed Group Chief Investment Officer​

* ‍FRANK KHOO SHAO HONG WILL BE APPOINTED AS GROUP CHIEF INVESTMENT OFFICER​ Source text for Eikon: Further company coverage:

Jan 29 2018

Singaporean billionaire Kwek fails in attempt to acquire M&C Hotels

LONDON An attempt by Singaporean billionaire Kwek Leng Beng to take full control of Millennium & Copthorne Hotels (M&C) in a deal valuing the business at 2 billion pounds collapsed after minority shareholders blocked the acquisition.

Jan 26 2018

UPDATE 2-Singaporean billionaire Kwek fails in attempt to acquire M&C Hotels

* Investors say bid undervalued M&C's properties (Updates with comment from M&C's independent directors)

Jan 26 2018

BRIEF-Singapore's CDL says M&C offer extended to Jan. 26

* ‍UPDATE ON RECOMMENDED FINAL CASH OFFER FOR MILLENNIUM & COPTHORNE HOTELS BY AGAPIER INVESTMENTS LIMITED​

Jan 23 2018

Singapore's CDL will not extend M&C offer beyond Jan. 26

LONDON, Jan 16 City Developments Limited (CDL) said on Tuesday that it would not extend the offer period for its bid for Millennium & Copthorne Hotels (M&C) beyond 1300 GMT on Jan. 26.

Jan 16 2018

CDL hires Georgeson to woo investors in M&C Hotels bid -sources

LONDON, Jan 12 The Singaporean billionaire trying to buy Millennium & Copthorne Hotels(M&C) has hired advisory firm Georgeson to help to drum up investor support for the deal in the face of shareholder opposition that could derail the bid.

Jan 12 2018

CDL urges M&C investors to consider "material premium" of takeover bid

LONDON, Dec 18 City Developments Limited, which wants to buy-out minority shareholders in Britain's Millennium & Copthorne Hotels, urged investors to consider the "very material premium" of its bid after a trio of investment firms rejected its offer.

Dec 18 2017

Minority investors in M&C Hotels seek to block takeover by CDL

LONDON A group of minority investors in Millennium & Copthorne Hotels has rejected a takeover offer from the company's majority shareholder and called on other investors to follow suit to defeat the bid, which values the business at 2 billion pounds ($2.7 billion).

Dec 14 2017

REFILE-UPDATE 2-Minority investors in M&C Hotels seek to block takeover by CDL

LONDON, Dec 14 A group of minority investors in Millennium & Copthorne Hotels has rejected a takeover offer from the company's majority shareholder and called on other investors to follow suit to defeat the bid, which values the business at 2 billion pounds ($2.7 billion).

Dec 14 2017

Minority investors in M&C Hotels to resist takeover from CDL

LONDON, Dec 14 A group of minority investors in Millennium & Copthorne Hotels said they will not tender their shares to bidder City Developments Limited (CDL), the majority shareholder that is attempting to take control of the company in a deal valuing the hotelier at 2 billion pounds ($2.69 billion).

Dec 14 2017

Earnings vs. Estimates