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City Developments Limited

Recent events

Recent events tied to this brand in public sources.

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  1. 2021

    City Developments appoints group chief operating officer

    City Developments announced the appointment of Guo Yisheng as group chief operating officer, effective January 1, 2022.

  2. 2021

    CityDev agrees to acquire Central Square

    CityDev said it will acquire Central Square for $315 million as part of plans to redevelop its Central Mall properties and the surrounding area. Its subsidiary entered into an option agreement to acquire the property from Far East HTrust and a leasehold interest from OPH Riverside.

  3. 2021

    City Developments announces sale of its Sincere stake

    City Developments said it would sell its indirect interest in Sincere through the sale of its 63.75% equity interest in HCP Chongqing Property Development Co. to Sure Spread Ltd.

  4. 2021

    CDL appoints Philip Lee as independent director

    City Developments Limited appointed Philip Lee Jee Cheng to replace Tan Yee Peng as an independent non-executive director and assigned him additional board committee roles.

  5. 2021

    CDL confirms $470 million green credit facility

    City Developments Limited confirmed a $470 million green revolving credit facility to refinance Republic Plaza and fund future low-carbon projects.

  6. 2020

    CDL director Tan Yee Peng resigns

    City Developments Limited said independent non-executive director Tan Yee Peng resigned effective Dec. 30, after disagreeing with the board and management over the handling of its Sincere investment.