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CityDev

4.810

-0.040-0.82%

Volume:1.73M

Turnover:8.38M

Market Cap:4.30B

PE:22.60

High:4.910

Open:4.870

Low:4.810

Close:4.850

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Overview Company News Filings

First meeting with CDL’s Kwek Leng Beng felt like a job interview, says Catherine Wu

Dynasty: Who’s who in the Kwek family tree behind CDL, Hong Leong

CDL director Philip Yeo says Sherman Kwek’s statement an 'attempt to distract' from issues

UOB Kay Hian Downgrades City Developments to Hold from Buy, Adjusts Price Target to SG$4.60 from SG$7

‘Stripping away any meaningful authority’ of CDL’s chairman is a ‘coup’: Kwek Leng Beng

CDL boardroom tussle: A timeline of what we know so far

Who is Catherine Wu, the woman Sherman Kwek says is at the centre of the CDL boardroom struggle?

SG Morning Call｜Olam Drops 10% After H2 Profit Falls 83.4% and the Company Proposes Lower Dividend of S$0.03 Per Share

Corporate governance risks and opportunities in CDL’s family feud

Trading in City Developments Remains Suspended amid Family Feud

Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser

Daily Debrief: What Happened Today (Feb 27)

SG Morning Call｜Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis

Some analysts downgrade CDL shares, reduce price target on boardroom tussle

Kwek family feud sours CDL’s prospects, but can catalyse value unlocking

CDL Investments New Zealand (NZSE:CDI) Has Announced A Dividend Of NZ$0.0412

Simply Wall St.

CDL executive chairman Kwek Leng Beng says son, other directors agree not to take further action after court hearing

Power tussle at CDL sparks concerns over governance and share price volatility

What we know about Kwek Leng Beng, his son Sherman Kwek and the battle for control of CDL

BRIEF-Sherman Kwek, On Behalf Of The Majority Of CDL Board Issues Statement

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director Philip Yeo","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/stripping-away-any-meaningful-authority-cdls-chairman-coup-kwek-leng-beng","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/stripping-away-any-meaningful-authority-cdls-chairman-coup-kwek-leng-beng","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["C09.SI","BK6098","SG9999016042.SGD","CDL","SG9999000343.SGD","BK6512","SG9999000475.SGD"],"gpt_icon":0},{"id":"2514390507","title":"CDL boardroom tussle: A timeline of what we know so 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level.","market":"us","thumbnail":"https://dam.mediacorp.sg/image/upload/s--2VF6UG3Z--/c_crop,h_448,w_797,x_3,y_1/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/26/a-city-developments-limited--cdl--logo-is-ssen-on-a-building-in-singapore-2.jpg?itok=sizmPOsL","type":0,"news_type":0,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--2VF6UG3Z--/c_crop,h_448,w_797,x_3,y_1/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/26/a-city-developments-limited--cdl--logo-is-ssen-on-a-building-in-singapore-2.jpg?itok=sizmPOsL"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/city-developments-limited-cdl-timeline-what-happened-kwek-leng-beng-sherman-lawsuit-4966641","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["CDL","SG9999000343.SGD","C09.SI","SG9999000475.SGD","BK6098","SG9999016042.SGD","BK6512"],"gpt_icon":0},{"id":"2514319439","title":"Who is Catherine Wu, the woman Sherman Kwek says is at the centre of the CDL boardroom struggle?","url":"https://stock-news.laohu8.com/highlight/detail?id=2514319439","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514319439?lang=en_us&edition=fundamental","pubTime":"2025-02-28 10:59","pubTimestamp":1740711540,"startTime":"0","endTime":"0","summary":"SINGAPORE: As the saga within City Developments Limited  unfolds, a key figure has emerged from behind the scenes - Dr Catherine Wu.While much attention has been on the leadership tussle between CDL's executive chairman Kwek Leng Beng and his son, group CEO Sherman Kwek, Dr Wu's name has surfaced as a pivotal player in the company's inner workings.Mr Sherman Kwek said Dr Wu, the 65-year-old adviser to the board of CDL subsidiary Millennium & Copthorne Hotels, has been \"interfering in matters going well beyond her scope\", adding that \"she wields and exercises enormous influence\".Who exactly is Catherine Wu, and how did she rise to become a key figure in one of Singapore's most prominent business empires?Dr Wu was embroiled in an employment tribunal case in London in 2018. In the judgment, she was described asthe personal assistant to Mr Kwek Leng Beng,although she was not an employee and was paid by the chairman.","market":"sg","thumbnail":"https://dam.mediacorp.sg/image/upload/s--QCry0g5w--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/27/Z9J_9814-opq3013129938.jpg?itok=m82OuI8f","type":0,"news_type":0,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--QCry0g5w--/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/27/Z9J_9814-opq3013129938.jpg?itok=m82OuI8f"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/cdl-dispute-who-kwek-leng-beng-adviser-catherine-wu-sherman-kwek-4966306","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["BK6098","BK6512","SG9999016042.SGD","SG9999000475.SGD","C09.SI","SG9999000343.SGD","CDL"],"gpt_icon":0},{"id":"1186606707","title":"SG Morning Call｜Olam Drops 10% After H2 Profit Falls 83.4% and the Company Proposes Lower Dividend of S$0.03 Per Share","url":"https://stock-news.laohu8.com/highlight/detail?id=1186606707","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1186606707?lang=en_us&edition=fundamental","pubTime":"2025-02-28 09:05","pubTimestamp":1740704751,"startTime":"0","endTime":"0","summary":"Market SnapshotSingapore stocks opened lower on Friday. 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06:50","pubTimestamp":1740696652,"startTime":"0","endTime":"0","summary":"Good boards and management usually don’t have soap-opera-worthy drama","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/opinion-features/corporate-governance-risks-and-opportunities-cdls-family-feud","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/opinion-features/corporate-governance-risks-and-opportunities-cdls-family-feud","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["BK6098","CDL","BK6512","C09.SI","SG9999000343.SGD","ESG","SG9999000475.SGD","SG9999016042.SGD"],"gpt_icon":0},{"id":"2514577809","title":"Trading in City Developments Remains Suspended amid Family Feud","url":"https://stock-news.laohu8.com/highlight/detail?id=2514577809","media":"MT Newswires","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514577809?lang=en_us&edition=fundamental","pubTime":"2025-02-27 20:30","pubTimestamp":1740659450,"startTime":"0","endTime":"0","summary":"Trading in the shares of City Developments (SGX:C09) remained suspended throughout the day on Feb. 27 amid a family feud over control of the company.According to a filing with the Singapore Exchange o","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6098","SG9999000475.SGD","SG9999000343.SGD","BK6512","C09.SI","SG9999016042.SGD"],"gpt_icon":0},{"id":"2514180703","title":"Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser","url":"https://stock-news.laohu8.com/highlight/detail?id=2514180703","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514180703?lang=en_us&edition=fundamental","pubTime":"2025-02-27 13:40","pubTimestamp":1740634845,"startTime":"0","endTime":"0","summary":"THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr Catherine...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/sherman-kwek-cdl-board-rift-sparked-action-rein-catherine-wu-kwek-leng-bengs-adviser","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/sherman-kwek-cdl-board-rift-sparked-action-rein-catherine-wu-kwek-leng-bengs-adviser","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["BK6098","SG9999000343.SGD","SG9999016042.SGD","C09.SI","BK6512","SG9999000475.SGD","CDL"],"gpt_icon":0},{"id":"2514723428","title":"Daily Debrief: What Happened Today (Feb 27)","url":"https://stock-news.laohu8.com/highlight/detail?id=2514723428","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514723428?lang=en_us&edition=fundamental","pubTime":"2025-02-27 10:30","pubTimestamp":1740623400,"startTime":"0","endTime":"0","summary":"Stories you might have 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