Tag Archives: CDL

CDL’s 2011Q1 profit rises 78% to $282m

Published 12 May 2011 The Business Times By Kalpana Rashiwala It’s gunning for string of launches this year including Buckley Rd condo, Segar Rd EC City Developments Ltd (CDL), which posted a 77.9 per cent jump in first-quarter net profit … Continue reading

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IOI is CDL’s partner for South Beach

Published 9 April 2011 The Business Times By Kalpana Rashiwala It’s taking 49.9% stake, with CDL holding majority; consortium developing project bags new $1.6b financing facility MALAYSIA’S IOI Corporation will take a 49.9 per cent stake in the South Beach … Continue reading

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CDL poised to raise South Beach stake to two thirds

Published 24 February 2011 The Business Times By Kalpana Rashiwala City Developments Limited (CDL) is set to raise its stake in the consortium developing the South Beach project. This comes after it exercised its right of first refusal to buy … Continue reading

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