City Developments Limited (C09.SI)

6.61 +0.06 (+0.92%) At close: 05:04PM SGT

City Developments Limited

9 Raffles Place
#12-01 Republic Plaza
Singapore 048619
Singapore
65 6877 8228
https://www.cdl.com.sg

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

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Leng Beng Kwek	Exec. Chairman	7.78M	N/A	1941
Mr. Eik Tse Kwek	Group CEO & Exec. Director	3.87M	N/A	1975
Ms. Yim Ming Yiong	Group Chief Financial Officer	N/A	N/A	1973
Mr. Eik Sheng Kwek	Group Chief Operating Officer	N/A	N/A	1981
Mr. Gerald Yong	Chief Investment Officer	N/A	N/A	N/A
Ms. Ong Siew Toh	Sr. VP of Group Accounts	N/A	N/A	N/A
Mr. Ivan Ng	Chief Technology Officer	N/A	N/A	N/A
Cindy Tan	Head of Admin. Department	N/A	N/A	N/A
Ms. Belinda Lee	VP and Head of IR & Corp. Communications	N/A	N/A	N/A
Ms. Sharifah Shakila Shah	Sr. VP of Legal	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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.

Description

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 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, shopping malls and integrated developments. With a proven track record of over 55 years in real estate development, investment and management, CDL has developed over 47,000 homes and owns over 23 million square feet of gross floor area in residential, commercial and hospitality assets globally. Its diversified global land bank offers 3.5 million square feet of land area.

Corporate governance

City Developments Limited’s ISS governance QualityScore as of 1 September 2023 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 9; Compensation: 5.

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.