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City Developments Limited (CDEVY)

Other OTC - Other OTC Delayed Price. Currency in USD
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5.15-0.17 (-3.20%)
As of 11:10AM EST. Market open.
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  • EdgeProp

    CDL top bidder for Jalan Tembusu GLS site at $1,302 psf ppr

    Credit: Urban Redevelopment AuthoritySINGAPORE (EDGEPROP) - The tender for two government land sale (GLS) sites at Jalan Tembusu and Lentor Hills Road (Parcel A) closed this evening.Read also: Hong Leong-led joint venture submits highest bid of $1,060 psr ppr for Lentor Hills Road Parcel ASingapore-listed property group City Developments Ltd (CDL) emerged the top of eight bids for the Jalan Tembusu site, located off Tanjong Katong Road in prime District 15. CDL submitted a bid of $768 million or

  • EdgeProp

    CDL to divest Millennium Hilton Seoul and adjoining land for $1.26 bil at 'significant premium to book value'

    The amount represents an excess of 835.17 billion won over CDL’s net book value of the property as at Nov 30. (Picture: CDL)SINGAPORE (EDGEPROP) - City Developments Limited (CDL) has divested Millennium Hilton Seoul, as well as the adjoining land plot in Korea, for a total sum of 1.1 trillion won ($1.26 billion).Read also: CDL sells Copthorne Orchid Hotel & Resort Penang for RM75 milThe sale and purchase agreement was signed by CDL’s indirect wholly-owned subsidiary, CDL Hotels (Korea) and YD427

  • Reuters SG

    EMERGING MARKETS-Asian stocks, currencies gain as Omicron worries fade

    * South Korea 10-day exports surge 20% * Singapore approves COVID-19 vaccine for children aged 5-11 years * China stocks jump 1% * Thai baht hovers near 3-week high By Anushka Trivedi Dec 13 (Reuters) - Emerging Asia's stocks and currencies rose on Monday as worries over the fallout from the new coronavirus variant Omicron receded, while investors kept tabs on more than a dozen global central bank meetings due this week. Equities in Malaysia, Thailand and Indonesia rose between 0.2% and 0.7%, while their respective currencies,, gained 0.1% to 0.3%. Markets were counting on vaccines to curb Omicron's impact after reports showed symptoms caused by the strain may not be as bad as initially feared, with focus shifting to recent policy manoeuvres in China and upcoming central bank meetings.