Millennium & Copthorne Hotels

It expects to conclude at least one such sale in 2021.

CDL has committed a total of $1.9 billion to support Sincere Property Group, in which it holds a 51% stake

“The slow but steady recurring income build-up, strong balance sheet, and brand name, coupled with an experienced management team, should help CDL emerge stronger from the crisis,” says RHB analyst Vijay Natarajan.

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

SINGAPORE (Oct 30): Millennium & Copthorne Hotels reported 3Q17 earnings rose 19.6% to £55 million ($98.7 million) from £46 million.

(Oct 30): It was clear almost as soon as City Developments unveiled plans to take Millennium & Copthorne Hotels private that it would face resistance. The big question now is whether to raise its offer price, or just walk away. Or, come up with a plan to

SINGAPORE (Nov 2): Millennium & Copthorne Hotels has posted earnings of GBP 59 million ($100 million) for 9MFY16, compared with earnings of GBP60 mil for 9MFY15.

SINGAPORE (June 27): RHB is maintaining its “buy” recommendation for City Developments (CDL) with a revised target price of $9.04.