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City Developments ( (SG:C09) ) has issued an update.
City Developments Limited has announced the settlement and discontinuation of court proceedings involving its directors. The leadership structure remains unchanged with Mr. Kwek Leng Beng as Executive Chairman and Mr. Sherman Kwek as Group CEO. The Board emphasizes its commitment to good corporate governance and shareholder value enhancement.
More about City Developments
City Developments Limited is a real estate company based in Singapore, focusing on property development and investment. The company is known for its residential, commercial, and hospitality projects, aiming to maximize shareholder value through strategic business operations.
YTD Price Performance: -1.20%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $3.36B
For a thorough assessment of C09 stock, go to TipRanks’ Stock Analysis page.