City Developments 02 (Nov 16 - Dec 26)

[behappyalways]

CDL acquires 256-room Osaka hotel for $78.5 mil
https://www.theedgesingapore.com/news/m ... el-785-mil

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CDL invests in 25 freehold residential assets in Japan for $321.9 mil
https://www.theedgesingapore.com/news/p ... n-3219-mil

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Billionaire Kwek Leng Beng on why it’s better to work hard and talk less | Lunch With Sumiko
https://m.youtube.com/watch?v=Ecvciji3VEY

[behappyalways]

CDL aims for additional recurring income with Manchester acquisition for $125.7 million
https://www.theedgesingapore.com/news/p ... 57-million

[winston]

How CDL’s China expansion during Covid-19 led to a ‘shock’ split within Singapore tycoon Kwek Leng Beng’s family

In Strictly Business: The Kwek Leng Beng Story, the Singaporean billionaire opens up on his six decades in business and the lessons he learnt through crises and challenges

The book takes readers on a journey through Kwek’s business empire that spans several continents and sheds light on the negotiations behind key corporate deals

Source: SCMP

https://www.scmp.com/week-asia/people/a ... e_int_home

[behappyalways]

CDL spending £88 million on Yardhouse in the UK, boosting private rented sector portfolio
https://www.theedgesingapore.com/news/p ... -portfolio

[behappyalways]

CDL’s FY2023 earnings down 75.3% to $317.3 mil on higher financing costs and lack of divestment gains
https://www.theedgesingapore.com/capita ... divestment

[behappyalways]

CDL buys Paris hotel from Blackstone for $356 mil, Mingtiandi reports
https://www.theedgesingapore.com/news/p ... di-reports

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City Developments announces new launches, lower interest cover in 1QFY2024 update
https://www.theedgesingapore.com/news/r ... 024-update

[behappyalways]

CDL buys Delfi Orchard en bloc for $439 mil
https://www.theedgesingapore.com/news/p ... oc-439-mil