Tag: City Developments Limited
-
CDL May Catch Up With Soaring Peers After Turbulent Year
CDL’s turbulent year: a quick recap City Developments Limited (CDL), a stalwart in Singapore’s property landscape, faced a high-stakes governance drama early last year. The boardroom power struggle centered on the controversial appointment of two independent directors, a move that stirred investor confidence and sparked questions about the company’s governance and strategic direction. In the…
-
CDL Looks to Close the Gap: Can City Developments Catch Up With Its Peers?
CDL’s Turning Point: From Governance Turmoil to Strategy Reset City Developments Limited (CDL) has traded in the shadows of Singapore’s heavyweight property developers for much of the past year. After a governance tussle in early 2023, sparked by the controversial appointment of two independent directors, the market watched with a mix of skepticism and cautious…