City Developments (CityDev)

SINGAPORE (Jan 28): City Developments has failed in its takeover bid of Millennium and Copthorne Hotels (M&C Hotels).

SINGAPORE (Jan 24): City Developments has extended its final offer deadline to 1pm, Jan 26, in its bid for Millennium & Copthorne Hotels plc.

SINGAPORE (Jan 17): City Developments says it is not extending its Jan 26 deadline for its offer to privatise Millennium & Copthorne Hotels.

SINGAPORE (Jan 15): OCBC Investment Research is reiterating its “buy” call on City Developments (CDL) with a higher fair value estimate of $15.30 from $13.50 previously, after updating its valuation model for firmer average selling price (ASP) assumpt

SINGAPORE (Dec 25): From the en bloc craze to meteoric spikes in tech stocks, 2017 has been coloured by significant asset price gains. Driven by the rally in blue chips, the Straits Times Index is up 18.5% in the year to Dec 18, a notable improvement from

SINGAPORE (Dec 21): City Developments (CDL) has sent out the offer documents for the buyout of Millennium & Copthorne (M&C) Hotels to the latter's shareholders.

SINGAPORE (Dec 19): City Developments (CityDev) has issued a letter from its chairman, Kwek Leng Beng, urging Millennium & Copthorne (M&C) shareholders to consider “the very material premium and value” that is available to them under CityDev's lat

SINGAPORE (Dec 13): United Overseas Bank (UOB) is working with Mamahome to provide the payment service for the Shanghai-based start-up providing apartment rental matching services in its first overseas market outside China.

SINGAPORE (Dec 12): Phillip Capital is maintaining its “accumulate” rating on City Developments (CityDev) with a target price of $12.10, after the group announced its final takeover offer for the remaining shares of Millennium & Copthorne (M&C) it doe

SINGAPORE (Dec 9): Millennium & Copthorne Hotels has agreed to a sweetened takeover offer from City Developments.