City Developments Limited
Singaporean real estate organisation / From Wikipedia, the free encyclopedia
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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.
Quick Facts Company type, Traded as ...
Company type | Public |
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SGX: C09 | |
Industry |
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Founded | 7 September 1963; 60 years ago (1963-09-07)[1] |
Headquarters | |
Key people |
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Revenue | S$3.43 billion[3] (2019) |
S$754 million[3] (2019) | |
S$565 million[3] (2019) | |
Parent | Hong Leong Financial Group |
Website | www |
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