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CDL

CDL hotel unit sees board reshuffle with two new directors, four exits

The hotel subsidiary of CDL says the new appointments will further strengthen the board's commercial and strategic capabilities.
The hotel subsidiary of CDL says the new appointments will further strengthen the board's commercial and strategic capabilities.

CDL responds to shareholder questions on dividend policy and property outlook

CDL said it will continue to assess if there is scope for higher payouts to shareholders.
CDL said it will continue to assess if there is scope for higher payouts to shareholders.

Three directors quit CDL hotel unit: Who are they?

Their resignations come about a year after they were appointed in the midst of the family feud in 2025.
Their resignations come about a year after they were appointed in the midst of the family feud in 2025.

Directors quit CDL hotel unit linked to billionaire Kwek family feud

City Developments said in an April 22 filing that Ms Jennifer Duong Young, Mr Daniel Desbaillets and Ms Wong Ai Ai resigned.
City Developments said in an April 22 filing that Ms Jennifer Duong Young, Mr Daniel Desbaillets and Ms Wong Ai Ai resigned.

Year on from family feud, CDL shares jump nearly 5% as 2025 profit triples

For the second half year, the hotel and property group’s net profit soared 374 per cent to $538.5 million.
For the second half year, the hotel and property group’s net profit soared 374 per cent to $538.5 million.

CDL, Woh Hup tie-up tops Tanjong Rhu site tender with $709.25m bid

Pixgeneric / generic picture taken on 26 March 2024 of condominiums at Tanjong Rhu District in Singapore. 
Resale condo volume and prices saw a slight uptick in February, attributed to the Chinese New Year festivities. Despite a sluggish start to the year, analysts remain optimistic about the market's prospects, with expectations that resale transactions could start to pick up in the coming months.
Pixgeneric / generic picture taken on 26 March 2024 of condominiums at Tanjong Rhu District in Singapore. 
Resale condo volume and prices saw a slight uptick in February, attributed to the Chinese New Year festivities. Despite a sluggish start to the year, analysts remain optimistic about the market's prospects, with expectations that resale transactions could start to pick up in the coming months.

2025 in review: CDL spat, Hyflux trial among corporate events that shook Singapore

CDL sells Osaka hotel to Blackstone-managed real estate funds for $117 million

Set to complete in December, the proposed divestment marks the group’s fourth major capital recycling transaction in 2025.
Set to complete in December, the proposed divestment marks the group’s fourth major capital recycling transaction in 2025.

CDL’s shares jump as it sells US multi-family asset for $186.8 million

CDL said the sale of the 250-unit residential property in California allows it to lower gearing and redeploy capital.
CDL said the sale of the 250-unit residential property in California allows it to lower gearing and redeploy capital.

Kwek Leng Beng reaffirms Hong Leong’s China bet during meeting with Shanghai’s top party official 

Hong Leong Group executive chairman Kwek Leng Beng (left) meets Shanghai Party Secretary Chen Jining in Shanghai.
Hong Leong Group executive chairman Kwek Leng Beng (left) meets Shanghai Party Secretary Chen Jining in Shanghai.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.