City Developments to Buy Back Nearly 27 Million Preference Shares

MT Newswires

2025/06/04

City Developments (SGX:C09) confirmed that 26,800,814 preference shares will be purchased under its off-market equal access offer, according to a Tuesday filing with the Singapore Exchange.

The company will now arrange for payment to be made to accepting shareholders.

Shares of the property developer were up nearly 2% in recent trading.

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