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City Developments Limited (C09.SI)

SES - SES Delayed Price. Currency in SGD
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7.24-0.01 (-0.14%)
At close: 5:04PM SGT

City Developments Limited

9 Raffles Place
Suite 12-01 Republic Plaza
Singapore 048619
65 687 78228

Sector(s)Real Estate
IndustryReal Estate—Development
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Leng Beng KwekExec. Chairman1.63MN/A1941
Mr. Eik Tse KwekGroup CEO & Exec. Director1.01MN/A1975
Ms. Yim Ming YiongGroup Chief Financial OfficerN/AN/A1973
Mr. Shao-Hong KhooGroup Chief Investment OfficerN/AN/A1969
Ms. Ong Siew TohSr. VP of Group AccountsN/AN/AN/A
Mr. Ivan NgChief Technology OfficerN/AN/AN/A
Cindy TanHead of Admin. DepartmentN/AN/AN/A
Ms. Belinda LeeVP, Head of IR & Corp. CommunicationsN/AN/AN/A
Ms. Sharifah Shakila ShahSr. VP of LegalN/AN/AN/A
Ms. Adeline OngSr. VP of Sales & MarketingN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SGD.


City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 103 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, integrated developments and shopping malls. With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 43,000 homes and owns over 18 million square feet of lettable floor area globally. Its diversified global land bank offers 4.1 million square feet of developable gross floor area. The Group's London-based hotel arm, Millennium & Copthorne Hotels (M&C), is one of the world's largest hotel chains, with over 145 hotels worldwide, many in key gateway cities. Leveraging its deep expertise in developing and managing a diversified asset base, the Group is focused on enhancing the performance of its portfolio and strengthening its recurring income streams to deliver long-term sustainable value to shareholders. The Group is also developing a fund management business and targets to achieve US$5 billion in Assets Under Management (AUM) by 2023.

Corporate governance

City Developments Limited’s ISS governance QualityScore as of 26 September 2021 is 3. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.