City Developments Limited (CDL), through its established special purpose company, Iconique Tokutei Mokuteki Kaisha, has signed an agreement with Mitsui Fudosan Residential Co.,Ltd, that is responsible for the residential property development and sales of Mitsui Fudosan Group, to acquire a 20% stake in a prime residential project in Tokyo1. Mitsui Fudosan Group is one of Japan’s largest integrated real estate …
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Oct 18, 2016 News Releases Comments Off on CDL Continues Expansion in Japan and Invests in Prime Residential Project in Central Tokyo with Gross Development Value of Over JPY 50 Billion
CDL Continues Expansion in Japan and Invests in Prime Residential Project in Central Tokyo with Gross Development Value of Over JPY 50 Billion
Hong Leong Finance Makes Your Idle Funds Work Harder
Hong Leong Finance (HLF) is giving customers a reason to cheer. With the new Fixed Savings Account, customers are given a hassle-free option to save and grow their money faster by using GIRO. To participate, customers simply need to open a Fixed Savings Account with an initial deposit of S$100, and set up GIRO at any of the 28 HLF …
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Oct 09, 2016 News Releases Comments Off on Strong Response to CDL’s Forest Woods Over First Weekend Launch
Strong Response to CDL’s Forest Woods Over First Weekend Launch
City Developments Limited (CDL) and its joint venture partners, Hong Leong Holdings Limited and TID Pte Ltd commenced sales for the 519-unit Forest Woods (森涛苑) on Saturday, 8 October. As at 5 pm today, 337 units (or 65%) have been sold. Mr Chia Ngiang Hong, CDL Group General Manager, said, “We are very encouraged by the strong response and demand …
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Oct 06, 2016 News Releases Comments Off on Millennium & Copthorne Hotels Named World’s 40th Largest Hotel Group
Millennium & Copthorne Hotels Named World’s 40th Largest Hotel Group
Millennium & Copthorne Hotels (M&C), majority-owned by property giant City Developments Limited (CDL), has been ranked among the top 40th largest hotel group in the world by US HOTELS Magazine. This is the 13th consecutive year that M&C has listed among the top 40. In the 2016 top “325 HOTELS” index, M&C was ranked 40 out of 325 global brand …
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Hong Leong Asia Wins Most Transparent Company Award
For its outstanding efforts in its Disclosure and Transparency standards, Hong Leong Asia (HLA) has emerged winner of the SIAS Investors’ Choice Awards – Most Transparent Company Award (MTCA) 2016, Mainboard Small Caps Category. The Most Transparent Company Award adopts industry categories from the Global Industry Classification Standard (GICS). The multi stage selection process commences with the Centre for Governance, …
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Jul 30, 2016 News Releases Comments Off on Millennium Hotels and Resorts Teaches Life Lessons Through Cycling
Millennium Hotels and Resorts Teaches Life Lessons Through Cycling
Staff volunteers from Millennium Hotels and Resorts took time off to give back to the community by teaching 20 under-privileged children how to cycle at the Teach A Child To Cycle Programme, presented by Millennium Hotels & Resorts (MHR). The children, who come from the Dsylexia Association of Singapore, The Business Times Budding Artists Fund, Thye Hua Kwan Moral Charities and …
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