 | |
 Republic Plaza, CDL's flagship building and headquarters | |
| Company type | Public |
|---|---|
| SGX: C09 | |
| Industry |
|
| Founded | 7 September 1963[1] |
| Headquarters | |
Key people |
|
| Revenue |  S$3.43 billion[3] (2019) |
| S$754 million[3] (2019) | |
 S$565 million[3] (2019) | |
| Parent | Hong Leong Financial Group |
| Website | www |
City Developments Limited (CDL), sometimes also known as CityDev,[4] is a Singaporean multinational real estate operating organisation.[5] Founded in 1963, CDL first developed projects in Johor Bahru, Malaysia, as well as in Singapore. Due to geo-political changes, CDL was making a loss before being controlled by Hong Leong Bank via shares acquisition in 1969. Since then, CDL has developed many types of properties from shopping malls to integrated developments.[5] CDL is currently headquartered in Republic Plaza, Singapore. Kwek Leng Beng is its current chairman and Sherman Kwek, Kwek Leng Beng's son, is its current chief executive officer.
- ^ "City Developments Limited". HistorySG.
- ^ a b "Singapore's Richest Family Clashes Over China Property Expansion". Bloomberg. 4 December 2020. Retrieved 21 April 2021.
- ^ a b c "CDL Annual Report 2019". Retrieved 7 June 2020.
- ^ "City Dev, CapitaLand lead consortium to redevelop Liang Court site at Clarke Quay". The Edge Markets. 22 November 2019. Retrieved 7 June 2020.
- ^ a b Jacky, C. S. (20 June 2017). "7 Things You Need To Know About City Developments Limited". Value Invest Asia. Retrieved 7 January 2020.
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search