City Developments reports 3Q19 net profit dropped 34 percent
City Developments reported Tuesday its third quarter net profit dropped 33.7% on-year to S$114.96M on costs related to delisting M&C and on lower revenue.
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UPDATE: Singapore stocks to watch Monday: Ascendas REIT, palm oil, CityDev, IREIT, OCBC, Lendlease REIT, SingPost
These are Singapore companies which may be in focus Monday, 4 November 2019: Ascendas REIT, CityDev, IREIT, OCBC and Lendlease Global Commercial REIT.
CapitaLand-CityDev Sengkang Grand development meets strong demand
Sengkang Grand Residences, a joint project between CapitaLand and CityDev, met with strong demand on its launch weekend, the developers said Sunday.
CapitaLand and City Developments set to preview Sengkang Grand Residences project
CapitaLand and City Developments said Wednesday the preview of their Sengkang Grand Residences project’s sales gallery will begin Friday.
UPDATE: Singapore stocks to watch Monday: UOB, Lendlease Global REIT, Temasek, Keppel, CityDev, ST Eng
These are companies which may be in focus in Singapore on Monday, 14 October 2019: UOB, Lendlease Global Commercial REIT, Temasek, Keppel and Synagie.
UPDATE: How WeWork’s turmoil could hit Singapore property
WeWork’s turmoil has highlighted how the coworking segment has driven office demand in Singapore, potentially signalling tougher times ahead, DBS said.
UPDATE: Singapore stocks to watch Monday: Keppel, ThaiBev, SATS, CityDev, OUE, Keppel Infrastructure
These are Singapore companies which may be in focus on Monday, 30 September 2019: Keppel, CityDev, Keppel Infrastructure Trust, OUE and Thai Beverage.
UPDATE: Singapore stocks to watch Thursday: MUST, SingPost, Frasers Logistics, Soilbuild REIT, TEE
These are Singapore companies which may be in focus on Thursday, 19 September 2019: FLT, Soilbuild REIT, Ascendas REIT, City Developments and TEE International.
Millennium & Copthorne to apply to cancel its listing
Millennium & Copthorne Hotels said Friday it will apply to cancel the listing of its shares on the London Stock Exchange.
UPDATE: Singapore stocks to watch Friday: CityDev, GuocoLand, Cromwell European REIT, CapitaLand, Sakae, SGX
Singapore companies which may be in focus on Friday, 12 September 2019: GuocoLand, Cromwell European REIT, CapitaLand, TEE International, SGX and Sakae.
City Developments obtains S$250 million sustainable development loan from DBS
City Developments said Wednesday it has received a S$250 million loan based on the U.N. Sustainable Development Goals (SDG) from DBS.
UPDATE: Singapore stocks to watch Tuesday: Yangzijiang, StarHub, Venture, SGX, Ezion, Noble, SBS Transit
These are Singapore companies which may be in focus on Tuesday, 13 August 2019: Yangzijiang, StarHub, Venture, Noble and No Signboard.
UPDATE: City Developments 2Q19 net profit falls 26 percent on property development
City Developments posted Thursday its 2Q19 net profit fell 26.4% on-year to S$162.40M, mainly on the timing of profit recognition for property development.
City Developments increases stake in IREIT Global
City Developments said Monday it increased its stake in IREIT Global to 12.486 percent after acquiring another 640,045 units.
RHB: City Developments’ takeover bid for M&C is long-term positive
City Developments’ bid for Millennium & Copthorne Hotels is a long-term positive and should help reposition the ageing hotel assets, RHB said Monday.
City Developments launches fresh takeover bid for Millennium & Copthorne Hotels
City Developments launched another takeover bid for Millennium & Copthorne,valuing the hotel operator at around S$3.86B, the Singapore company said Friday.
Singapore stocks to watch Friday: SPH, CityDev, BreadTalk, Creative, Frasers Property
These are Singapore companies which may be in focus on Friday, 31 May 2019: SPH, City Developments, BreadTalk, Creative and Frasers Property.
Daiwa says City Developments’ Sincere deal offers better platform for China expansion
City Developments’ deal to invest in China developer Sincere Property offers a “better platform” to expand on the mainland, Daiwa said.
This China sector is benefitting from the US trade war
The U.S. trade war with China may have dented a broad swathe of sectors, but it’s given China’s property market a big fillip.
City Developments enters S$1.1 billion deal to invest in China developer Sincere Property
City Developments said Wednesday it entered a deal to invest in China property developer Sincere Property for a total 5.5 billion yuan.
City Developments reports 1Q19 net profit more than doubled on strong margins, divestment
City Developments reported Wednesday its 1Q19 net profit jumped 133.8% on-year to S$199.56M on strong profit margins for development projects and a divestment gain.
City Developments takes stake in Europe-focused IREIT Global in S$78 million deal
City Developments said Tuesday it acquired a 12.4% stake in IREIT Global for around S$59.4M and a 50% stake in the REIT’s manager for around S$18.4M.
UPDATE: Singapore stocks to watch Thursday: Suntec REIT, CRCT, Sasseur REIT, City Developments
These are Singapore companies which may be in focus on Thursday, 25 April 2019: Suntec REIT, CRCT, Sasseur REIT and City Developments.
UPDATE: Singapore stocks to watch Tuesday: UOB, SGX, CityDev, Uni-Asia, Q&M, Challenger
These are Singapore companies which may be in focus on Tuesday, 9 April 2019: SGX, City Developments, Uni-Asia, Q&M Dental and Challenger.
City Developments obtains S$500 million green loans for new property developments
City Developments said on Friday it obtained S$500 million in green loans, marking the first time green loans in Singapore will be used for new property developments.
Singapore stocks to watch Friday: City Developments, Hotel Properties
These are the Singapore companies which may be in focus on Friday, 29 March 2019: City Developments A joint venture comprising Hong Leong Holdings and…
UPDATE: Singapore stocks to watch Friday: Yangzijiang, Dairy Farm, City Developments, Halcyon Agri
These are Singapore companies which may be in focus on Friday, 1 March 2019: City Developments, Yangzijiang, Dairy Farm and Halcyon Agri.
City Developments acquires UK site for build-to-rent project
City Developments said Friday it acquired a U.K. site at Monk Bridge in Leeds for GBP15.4M, or around S$27.5M, to develop as a build-to-rent project.
UPDATE: Singapore stocks to watch Thursday: CityDev, Keppel, Sembcorp, ST Engineering
These are Singapore companies which may be in focus on Thursday, 21 February 2019: City Developments, Sembcorp Industries, ST Engineering, Keppel and Spackman.
UPDATE: City Developments reports 4Q18 net profit dropped 55 percent, missing some forecasts
City Developments reported its fourth quarter net profit dropped 54.7% on-year to S$77.95M on the year-earlier contribution from the Brownstone EC project.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand Mall Trust, Suntec REIT, Mapletree Industrial, Keppel DC
These are Singapore stocks which may be in focus on Wednesday, 22 January 2019: CapitaLand Mall Trust CapitaLand Mall Trust reported on Wednesday that its…
Singapore stocks to watch Thursday: First REIT, City Developments, Sino Grandness
These are Singapore stocks which may be in focus on Thursday, 16 January 2019: First REIT First REIT reported on Wednesday its fourth quarter net…
Nomura upgrades City Developments and UOL to Buy
City Developments upgraded to Buy from Neutral by Nomura UOL upgraded to Buy from Reduce by Nomura Wing Tai Holdings upgraded to Neutral from Reduce…
Singapore stocks to watch Monday: CapitaLand, CityDev, SPH REIT, DeClout
These are Singapore stocks which may be in focus on Monday, 7 January 2019: CapitaLand CapitaLand said on Monday that it entered a 50:50 joint…
City Developments joint venture to sell Bras Basah Road property
City Developments said on Friday that Golden Crest Holdings, which is a joint venture 80 percent owned by its wholly owned subsidiary Bestro Holdings, entered…
UPDATE: Singapore stocks to watch Wednesday: Noble, Chip Eng Seng, City Developments
These are Singapore shares which may be in focus on Wednesday 12 December 2018: Noble Troubled commodity trader Noble Group said on Tuesday that it…
City Developments acquires Centro Investment Holding
City Developments said on Tuesday that its wholly owned subsidiary Central Mall acquired all of Centro Investment Holding, or CIH, for a total consideration of around…
Singapore stocks to watch Tuesday: Wilmar, Great Eastern, Boustead Projects, Swiber
These are Singapore stocks which may be in focus on Tuesday 11 December 2018: Wilmar International Wilmar International issued a joint statement with Aidenvironment and supporting consumer…
UPDATE: Singapore stocks to watch Tuesday: Thai Beverage, UOB, Hi-P, Hyflux, City Developments
These are Singapore stocks which may be in focus on Tuesday 27 November 2018: Thai Beverage Thai Beverage reported on Monday that its fiscal full-year…
Singapore stocks to watch Friday: City Developments, Genting Singapore, Sunpower, Dairy Farm
These are Singapore stocks which may be in focus on Friday 9 November 2018: City Developments City Developments reported on Thursday that its net profit…