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C09 - City Developments News Story

S$8.1 0.1  0.6%

Last Trade - 6:19am

Sector
Financials
Size
Large Cap
Market Cap £3.97bn
Enterprise Value £9.08bn
Revenue £1.15bn
Position in Universe 363rd / 6089

BRIEF-City Developments Says Entered Agreements To Buy From Sincere Property & Two Entities Of China Ping An

Mon 22nd February, 2021 12:58pm
Feb 22 (Reuters) - City Developments Ltd  CTDM.SI :
    * ENTERED INTO AGREEMENTS TO ACQUIRE FROM SINCERE PROPERTY
AND TWO
ENTITIES OF CHINA PING AN
    * DEALS FOR STAKE WHICH WILL ACCORD CONGLOMERATE COMBINED
55%
INTEREST IN SHENZHEN TECHNOLOGY PARK
    * 55% STAKE IN TECH PARK IN SHENZHEN HAS BEEN INDEPENDENTLY
VALUED
AT RMB 8.8 BILLION

Source text for Eikon:  ID:nSN4dFTdR 
Further company coverage:  CTDM.SI
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