Company
City Developments Limited
City Developments Limited is a leading global real estate company with operations across 28 countries and regions. The Singapore-listed group develops and manages residential, commercial, hospitality, and retail properties, including over 160 hotels worldwide through its Millennium & Copthorne Hotels subsidiary. With 60 years of experience, CDL has developed over 55,000 homes and manages approximately 23 million square feet of gross floor area across its diversified portfolio.
City Developments Limited is a publicly traded company, based in Singapore. It trades on the OTC Markets Group under the ticker CDEVY. Leadership tracked by CEOInsider includes Sherman Kwek (CEO).
Leadership
Current
Recent developments
AI summary of recent coverageRecent coverage of City Developments Limited has focused on internal governance matters within the company and its hotel subsidiary, including director departures linked to a family dispute within the Kwek family ownership, as well as the company's financial performance and executive compensation adjustments. Headlines have also highlighted the company's capital-raising initiatives, property sales activity, and charitable endeavors, alongside its real estate investment activities in the Asia-Pacific region.
Summarized from the headlines in the sidebar; see each source for the full story.