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141-160 of 5622
everything is a learning experience...to the tune of S$2b.....deep pockets..
looking back is history....looking forward is a mystery..
MrBear12 ( Date: 18-Sep-2025 12:11) Posted:
Let's look forward to a new tomorrow!
Stop looking back...
Realise its potential value !!
Shake me up soon when 20.00
Workaholic ( Date: 18-Sep-2025 12:05) Posted:
| The Sincere loss was several years ago and all the losses were written off then. CDL have moved on since then and the shareprice hit was already factored in. With the new baseline, the price today has nothing to do with Sincere anymore and the new China venture is a completely new thing. The directors who were gung ho then to push for Sincere deal are no longer in this new board |
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Let's look forward to a new tomorrow!
Stop looking back...
Realise its potential value !!
Shake me up soon when 20.00
Workaholic ( Date: 18-Sep-2025 12:05) Posted:
The Sincere loss was several years ago and all the losses were written off then. CDL have moved on since then and the shareprice hit was already factored in. With the new baseline, the price today has nothing to do with Sincere anymore and the new China venture is a completely new thing. The directors who were gung ho then to push for Sincere deal are no longer in this new board.
tongphlp ( Date: 17-Sep-2025 15:30) Posted:
| don' t forget they lost $2b in china because of Sincere. |
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The Sincere loss was several years ago and all the losses were written off then. CDL have moved on since then and the shareprice hit was already factored in. With the new baseline, the price today has nothing to do with Sincere anymore and the new China venture is a completely new thing. The directors who were gung ho then to push for Sincere deal are no longer in this new board.
tongphlp ( Date: 17-Sep-2025 15:30) Posted:
don' t forget they lost $2b in china because of Sincere..
valuehunter96 ( Date: 17-Sep-2025 13:53) Posted:
| The shanghai xintiandi project is guaranteed to be profitable for CDL as neary by property prices are transacting at double of what CDL paid fo |
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don' t forget they lost $2b in china because of Sincere..
valuehunter96 ( Date: 17-Sep-2025 13:53) Posted:
The shanghai xintiandi project is guaranteed to be profitable for CDL as neary by property prices are transacting at double of what CDL paid for
Joelton ( Date: 16-Sep-2025 15:04) Posted:
CDL&rsquo s mixed-use development site in Shanghai&rsquo s Xintiandi &lsquo progressing well&rsquo : Kwek Leng Beng
City Developments&rsquo mixed-use development site in the Xintiandi area of Shanghai&rsquo s Huangpu District is &ldquo progressing well&rdquo , says Kwek Leng Beng, CDL&rsquo s executive chairman, in Shanghai on Sept 12.
CDL had jointly acquired the mixed-use site, measuring 27,994 sqm, in downtown Shanghai in November 2024 for RMB8.94 billion or $1.66 billion with its Chinese partner Lianfa Group. CDL&rsquo s subsidiary, Chenghong Shanghai, holds a 51% controlling stake in the joint venture (JV) acquisition, amounting to RMB4.56 billion. The remaining 49% equity interest in the JV is held by a wholly-owned subsidiary of Lianfa Group.
Kwek, who was in the Chinese city in his capacity as executive chairman of Hong Leong Group, noted that Shanghai has &ldquo evolved into a truly international metropolis with a strong global presence.&rdquo
He adds that the group, being a long-term investor in China, remains &ldquo confident&rdquo in its &ldquo resilience and strong fundamentals&rdquo . Hong Leong Group entered the Chinese market in the 1980s with its first property being the Holiday Inn Harbourview Xiamen. The hotel is now known as Millennium Harbourview Xiamen under CDL&rsquo s hospitality arm, Millennium Hotels and Resorts, which manages several of the group&rsquo s hotels throughout the country.
&ldquo We see abundant opportunities to deepen our presence, advance sustainable development initiatives, and contribute meaningfully to Shanghai&rsquo s ongoing transformation,&rdquo says Kwek.
Such opportunities include taking part in Shanghai government funds with proceeds disbursed to companies within the high-tech, innovation framework or with global consumer connections, says the Hong Leong Group in its Sept 12 release.
During his time in Shanghai, Kwek met Shanghai Party Secretary Chen Jining on Sept 9, who encouraged Hong Leong Group to increase investments and deepen cooperation across Shanghai&rsquo s key business sectors. This was the first meeting between Kwek and Chen.
&ldquo As urban renewal, industrial transformation, and technological innovation quicken pace, there are expanding opportunities for both foreign and domestic enterprises to develop the city,&rdquo says Chen.
A team from Temasek Holdings comprising chairman Lim Boon Heng, deputy chairman Teo Chee Hean, as well as executive director and CEO Dilhan Pillay Sandrasegara, also met the Shanghai Party Secretary on the same day.
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The shanghai xintiandi project is guaranteed to be profitable for CDL as neary by property prices are transacting at double of what CDL paid for
Joelton ( Date: 16-Sep-2025 15:04) Posted:
CDL&rsquo s mixed-use development site in Shanghai&rsquo s Xintiandi &lsquo progressing well&rsquo : Kwek Leng Beng
City Developments&rsquo mixed-use development site in the Xintiandi area of Shanghai&rsquo s Huangpu District is &ldquo progressing well&rdquo , says Kwek Leng Beng, CDL&rsquo s executive chairman, in Shanghai on Sept 12.
CDL had jointly acquired the mixed-use site, measuring 27,994 sqm, in downtown Shanghai in November 2024 for RMB8.94 billion or $1.66 billion with its Chinese partner Lianfa Group. CDL&rsquo s subsidiary, Chenghong Shanghai, holds a 51% controlling stake in the joint venture (JV) acquisition, amounting to RMB4.56 billion. The remaining 49% equity interest in the JV is held by a wholly-owned subsidiary of Lianfa Group.
Kwek, who was in the Chinese city in his capacity as executive chairman of Hong Leong Group, noted that Shanghai has &ldquo evolved into a truly international metropolis with a strong global presence.&rdquo
He adds that the group, being a long-term investor in China, remains &ldquo confident&rdquo in its &ldquo resilience and strong fundamentals&rdquo . Hong Leong Group entered the Chinese market in the 1980s with its first property being the Holiday Inn Harbourview Xiamen. The hotel is now known as Millennium Harbourview Xiamen under CDL&rsquo s hospitality arm, Millennium Hotels and Resorts, which manages several of the group&rsquo s hotels throughout the country.
&ldquo We see abundant opportunities to deepen our presence, advance sustainable development initiatives, and contribute meaningfully to Shanghai&rsquo s ongoing transformation,&rdquo says Kwek.
Such opportunities include taking part in Shanghai government funds with proceeds disbursed to companies within the high-tech, innovation framework or with global consumer connections, says the Hong Leong Group in its Sept 12 release.
During his time in Shanghai, Kwek met Shanghai Party Secretary Chen Jining on Sept 9, who encouraged Hong Leong Group to increase investments and deepen cooperation across Shanghai&rsquo s key business sectors. This was the first meeting between Kwek and Chen.
&ldquo As urban renewal, industrial transformation, and technological innovation quicken pace, there are expanding opportunities for both foreign and domestic enterprises to develop the city,&rdquo says Chen.
A team from Temasek Holdings comprising chairman Lim Boon Heng, deputy chairman Teo Chee Hean, as well as executive director and CEO Dilhan Pillay Sandrasegara, also met the Shanghai Party Secretary on the same day.
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CDL&rsquo s mixed-use development site in Shanghai&rsquo s Xintiandi &lsquo progressing well&rsquo : Kwek Leng Beng
City Developments&rsquo mixed-use development site in the Xintiandi area of Shanghai&rsquo s Huangpu District is &ldquo progressing well&rdquo , says Kwek Leng Beng, CDL&rsquo s executive chairman, in Shanghai on Sept 12.
CDL had jointly acquired the mixed-use site, measuring 27,994 sqm, in downtown Shanghai in November 2024 for RMB8.94 billion or $1.66 billion with its Chinese partner Lianfa Group. CDL&rsquo s subsidiary, Chenghong Shanghai, holds a 51% controlling stake in the joint venture (JV) acquisition, amounting to RMB4.56 billion. The remaining 49% equity interest in the JV is held by a wholly-owned subsidiary of Lianfa Group.
Kwek, who was in the Chinese city in his capacity as executive chairman of Hong Leong Group, noted that Shanghai has &ldquo evolved into a truly international metropolis with a strong global presence.&rdquo
He adds that the group, being a long-term investor in China, remains &ldquo confident&rdquo in its &ldquo resilience and strong fundamentals&rdquo . Hong Leong Group entered the Chinese market in the 1980s with its first property being the Holiday Inn Harbourview Xiamen. The hotel is now known as Millennium Harbourview Xiamen under CDL&rsquo s hospitality arm, Millennium Hotels and Resorts, which manages several of the group&rsquo s hotels throughout the country.
&ldquo We see abundant opportunities to deepen our presence, advance sustainable development initiatives, and contribute meaningfully to Shanghai&rsquo s ongoing transformation,&rdquo says Kwek.
Such opportunities include taking part in Shanghai government funds with proceeds disbursed to companies within the high-tech, innovation framework or with global consumer connections, says the Hong Leong Group in its Sept 12 release.
During his time in Shanghai, Kwek met Shanghai Party Secretary Chen Jining on Sept 9, who encouraged Hong Leong Group to increase investments and deepen cooperation across Shanghai&rsquo s key business sectors. This was the first meeting between Kwek and Chen.
&ldquo As urban renewal, industrial transformation, and technological innovation quicken pace, there are expanding opportunities for both foreign and domestic enterprises to develop the city,&rdquo says Chen.
A team from Temasek Holdings comprising chairman Lim Boon Heng, deputy chairman Teo Chee Hean, as well as executive director and CEO Dilhan Pillay Sandrasegara, also met the Shanghai Party Secretary on the same day.
Rate cuts will help CDL move closer to its RNAV of $19.77
largely depends on the size and pace of rate cuts. 50bps or more the best
MrBear12 ( Date: 15-Sep-2025 17:51) Posted:
I?m gonna hibernate
Wake me up when it?s 10
valuehunter96 ( Date: 15-Sep-2025 16:55) Posted:
| today BB shaking weak hands as usua |
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I?m gonna hibernate
Wake me up when it?s 10
valuehunter96 ( Date: 15-Sep-2025 16:55) Posted:
today BB shaking weak hands as usual
MrBear12 ( Date: 14-Sep-2025 12:56) Posted:
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today BB shaking weak hands as usual
MrBear12 ( Date: 14-Sep-2025 12:56) Posted:
20 next year.
valuehunter96 ( Date: 14-Sep-2025 12:53) Posted:
| FED TO CUT RATES AND SEND CDL TO $10 THIS WEEK! |
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20 next year.
valuehunter96 ( Date: 14-Sep-2025 12:53) Posted:
| FED TO CUT RATES AND SEND CDL TO $10 THIS WEEK! |
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FED TO CUT RATES AND SEND CDL TO $10 THIS WEEK!
CDL SHOULD BE TRADING AT $10
very likely to be more than than if the NFPR comes in less than expected
MrBear12 ( Date: 05-Sep-2025 09:51) Posted:
25 basis points
valuehunter96 ( Date: 05-Sep-2025 09:34) Posted:
| rate cut is a given question is how much? Trump wants 3%. Anything above 0.25% can turbocharge CDL immediatel |
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25 basis points
valuehunter96 ( Date: 05-Sep-2025 09:34) Posted:
rate cut is a given question is how much? Trump wants 3%. Anything above 0.25% can turbocharge CDL immediately
pasttime ( Date: 04-Sep-2025 22:50) Posted:
as long they continue sell and not any how buy. the stock price will continue to recover.
next 2 dates to watch 17/18 sep if fed will cut rates.
3,4,5 oct f1. |
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rate cut is a given question is how much? Trump wants 3%. Anything above 0.25% can turbocharge CDL immediately
pasttime ( Date: 04-Sep-2025 22:50) Posted:
as long they continue sell and not any how buy. the stock price will continue to recover.
next 2 dates to watch 17/18 sep if fed will cut rates.
3,4,5 oct f1. |
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as long they continue sell and not any how buy. the stock price will continue to recover.
next 2 dates to watch 17/18 sep if fed will cut rates.
3,4,5 oct f1.
RNAV of the stock is $19.77
Quayside mall is stated on CDL books at
LESS THAN 40million
massive profit for CDL
Joelton ( Date: 04-Sep-2025 11:50) Posted:
CDL puts Quayside Isle @ Sentosa Cove mall up for sale at S$111 million
The expression of interest exercise for the mall will close on Oct 15
[SINGAPORE] City Developments Limited (CDL) has put Quayside Isle @ Sentosa Cove up on the market for sale at S$111 million.
This translates to S$2,515 per square foot for Sentosa Cove&rsquo s only mall, joint marketing agents Knight Frank and CBRE said on Wednesday (Sep 3).
CDL chief investment officer Gerald Yong said: &ldquo Our planned divestment of Quayside Isle is aligned with our strategic focus on capital recycling and portfolio optimisation.&rdquo
&ldquo The time is ripe to crystallise its value, following the divestment of W Singapore &ndash Sentosa Cove to CDL Hospitality Trusts completed in 2020 and the positive response to the sale of residential units part of our Quayside Collection development,&rdquo he added.
In April, CDL group chief executive officer Sherman Kwek, said it aims to divest at least S$600 million worth of assets this year to lower its &ldquo very high&rdquo gearing. It has exceeded this target, with the sale of a 50.1 per cent stake in its South Beach mixed project to IOI Properties Group for S$834.2 million.
Michael Tay, deputy managing director of CBRE Singapore, said: &ldquo With strong existing occupancy and resilient cashflow, (the asset) offers both immediate income security and potential upside through rental reversion, tenant repositioning, and gross floor area optimisation, subject to approval from the relevant authorities.&rdquo
The property is expected to offer investors &ldquo resilient day-to-day patronage&rdquo and upside from Sentosa&rsquo s growing tourism and events traffic, said Melvin Chay, Knight Frank Singapore&rsquo s senior director of capital markets.
Singapore recorded 16.5 million tourist arrivals in 2024 and the number is projected to reach up to 18.5 million in 2025, data from the Singapore Tourism Board showed. Sentosa Development Corp&rsquo s website indicated that the island has more than 6,000 residents.
&ldquo Combined with Sentosa&rsquo s landmark initiatives such as RWS 2.0 and the Sentosa-Brani Master Plan, Quayside Isle is uniquely positioned for sustained rental and capital appreciation over the medium to long term,&rdquo Knight Frank and CBRE said.
Completed in 2012, the two-storey lifestyle mall faces the waterfront and spans a land area of approximately 89,683 square feet (sq ft) with a net lettable area of 44,121 sq ft.
Notable tenants include Common Man Coffee Roasters, Greenwood Fish Market, Jasons Deli and Quayside Isle Preparatory School.
The expression of interest exercise for the mall will close on Oct 15.
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CDL puts Quayside Isle @ Sentosa Cove mall up for sale at S$111 million
The expression of interest exercise for the mall will close on Oct 15
[SINGAPORE] City Developments Limited (CDL) has put Quayside Isle @ Sentosa Cove up on the market for sale at S$111 million.
This translates to S$2,515 per square foot for Sentosa Cove&rsquo s only mall, joint marketing agents Knight Frank and CBRE said on Wednesday (Sep 3).
CDL chief investment officer Gerald Yong said: &ldquo Our planned divestment of Quayside Isle is aligned with our strategic focus on capital recycling and portfolio optimisation.&rdquo
&ldquo The time is ripe to crystallise its value, following the divestment of W Singapore &ndash Sentosa Cove to CDL Hospitality Trusts completed in 2020 and the positive response to the sale of residential units part of our Quayside Collection development,&rdquo he added.
In April, CDL group chief executive officer Sherman Kwek, said it aims to divest at least S$600 million worth of assets this year to lower its &ldquo very high&rdquo gearing. It has exceeded this target, with the sale of a 50.1 per cent stake in its South Beach mixed project to IOI Properties Group for S$834.2 million.
Michael Tay, deputy managing director of CBRE Singapore, said: &ldquo With strong existing occupancy and resilient cashflow, (the asset) offers both immediate income security and potential upside through rental reversion, tenant repositioning, and gross floor area optimisation, subject to approval from the relevant authorities.&rdquo
The property is expected to offer investors &ldquo resilient day-to-day patronage&rdquo and upside from Sentosa&rsquo s growing tourism and events traffic, said Melvin Chay, Knight Frank Singapore&rsquo s senior director of capital markets.
Singapore recorded 16.5 million tourist arrivals in 2024 and the number is projected to reach up to 18.5 million in 2025, data from the Singapore Tourism Board showed. Sentosa Development Corp&rsquo s website indicated that the island has more than 6,000 residents.
&ldquo Combined with Sentosa&rsquo s landmark initiatives such as RWS 2.0 and the Sentosa-Brani Master Plan, Quayside Isle is uniquely positioned for sustained rental and capital appreciation over the medium to long term,&rdquo Knight Frank and CBRE said.
Completed in 2012, the two-storey lifestyle mall faces the waterfront and spans a land area of approximately 89,683 square feet (sq ft) with a net lettable area of 44,121 sq ft.
Notable tenants include Common Man Coffee Roasters, Greenwood Fish Market, Jasons Deli and Quayside Isle Preparatory School.
The expression of interest exercise for the mall will close on Oct 15.
