CDL

Property developer CDL launches share buyback exercise
Property developer CDL launches share buyback exercise
March 8, 2024
CITY Developments Limited (CDL) initiated share buybacks for its ordinary shares on the open market on Friday (Mar 8), citing its discounted share value as a reason. The property...
CDL posts 51.2% rise in H2 profit to S0.8 million
CDL posts 51.2% rise in H2 profit to S$250.8 million
February 28, 2024
CITY Developments Limited (CDL) posted a 51.2 per cent rise in net profit to S$250.8million for its second half-year ended December, from S$165.8 million in the previous corresponding period....
CDL net profit drops 75% to S7.3 million for 2023, targets S billion in divestments
CDL net profit drops 75% to S$317.3 million for 2023, targets S$1 billion in divestments
February 28, 2024
CITY Developments Ltd’s (CDL) net profit dropped 75 per cent to S$317.3 million in 2023, as higher financing costs ate into profits in the absence of divestment gains. This...
Stocks to watch: OCBC, CLI, Jardine C&C, CDL, UOL, Golden Agri-Resources
Stocks to watch: OCBC, CLI, Jardine C&C, CDL, UOL, Golden Agri-Resources
February 28, 2024
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 28):OCBC: The lender’s net profit for the fourth quarter ended Dec 31, 2023,...