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missed","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-mar-3","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-mar-3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["SG9999000475.SGD","BK6512","SG9999016042.SGD","BK6098","SG9999000343.SGD","CDL","C09.SI"],"gpt_icon":1},{"id":"1101704885","title":"Singapore’s Feuding Clan Is Testing Investors’ 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resumed trading Monday amid a corporate family feud, with the tussle over leadership at the developer set to move to the courts.Shares of the Singapore-listed property developer dropped as much as 7.0% to 4.76 Singapore dollars, equivalent to US$3.52, on Monday morning.The company had suspended trading in its shares last Wednesday \"in view of the disagreement within the board in relation to the composition and constitution of the board and the board committees.\". City Developments had also released 2024 results on that day.Kwek Leng Beng, executive chairman of City Developments, had said his son--Group Chief Executive Sherman Kwek--and a group of directors sought to consolidate control of the board and the group by changing the composition of the board and \"hastily\" making changes to the board committees and the governance of the group.The news prompted some analysts to lower the company's ratings and target prices in the past few d","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6098","BK6512","C09.SI","SG9999016042.SGD","SG9999000343.SGD","SG9999000475.SGD","CHCO","BK4211"],"gpt_icon":1},{"id":"2516521545","title":"BRIEF-City Developments Says Interim Injunction Was Sought","url":"https://stock-news.laohu8.com/highlight/detail?id=2516521545","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516521545?lang=en_us&edition=fundamental","pubTime":"2025-03-03 09:27","pubTimestamp":1740965250,"startTime":"0","endTime":"0","summary":"BRIEF-City Developments Says Interim Injunction Was SoughtMarch 3  - City Developments Ltd CTDM.SI:INTERIM INJUNCTION WAS SOUGHTWILL NOT COMMENT ON VALIDITY OF THESE ALLEGATIONSSHERMAN KWEK REMAINS GROUP CHIEF EXECUTIVE OFFICERTRADING HALT WILL BE LIFTED ON 3 MARCHFurther company coverage: CTDM.SI ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250303:nFWN3PJ25K:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999000475.SGD","SG9999016042.SGD","BK6512","BK6098","C09.SI","SG9999000343.SGD"],"gpt_icon":0},{"id":"2516688668","title":"Kwek Leng Beng’s cousins, including Quek Leng Chan and Kwek Leng Kee, could swing the tide in battle over control of CDL","url":"https://stock-news.laohu8.com/highlight/detail?id=2516688668","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516688668?lang=en_us&edition=fundamental","pubTime":"2025-03-03 09:02","pubTimestamp":1740963754,"startTime":"0","endTime":"0","summary":"Controlling Hong Leong Investment Holdings vital for taking charge of CDL’s board","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/opinion-features/kwek-leng-bengs-cousins-including-quek-leng-chan-and-kwek-leng-kee-could-swing-tide-battle-over","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/opinion-features/kwek-leng-bengs-cousins-including-quek-leng-chan-and-kwek-leng-kee-could-swing-tide-battle-over","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["CDL","SG9999016042.SGD","SG9999000343.SGD","SG9999000475.SGD","BK6512","BK6098","C09.SI"],"gpt_icon":1},{"id":"1138110971","title":"SG Morning Call | Singapore Stocks Open Higher on Monday. NIO up 2.8%; ST Engineering up 1.8%; CityDev Falls 6.25% After Lifting a Trading Halt.","url":"https://stock-news.laohu8.com/highlight/detail?id=1138110971","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1138110971?lang=en_us&edition=fundamental","pubTime":"2025-03-03 09:02","pubTimestamp":1740963738,"startTime":"0","endTime":"0","summary":"Market SnapshotSingapore stocks opened higher on Monday. STI rose 0.12%; NIO up 2.8%; ST Engineering up 1.8%; CityDev fell 6.25% after lifting a trading halt.Stocks to Watch$City Developments Ltd.(C09","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["S63.SI","C09.SI","NIO.SI","STI.SI"],"gpt_icon":1},{"id":"2516529029","title":"City Developments Full Year 2024 Earnings: Misses Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2516529029","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516529029?lang=en_us&edition=fundamental","pubTime":"2025-03-03 08:57","pubTimestamp":1740963433,"startTime":"0","endTime":"0","summary":"SGX:C09 Revenue and Expenses Breakdown March 3rd 2025. All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 12%. Earnings per share  also missed analyst estimates by 35%.The primary driver behind last 12 months revenue was the Hotel Operations segment contributing a total revenue of S$1.62b . Notably, cost of sales worth S$1.81b amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$574.7m . Explore how C09's revenue and expenses shape its earnings.Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Singapore are expected to remain flat.The company's shares are up 2.2% from a week ago.You still need to take note of risks, for example - City Developments has   2 warning signs    we think you should know about.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/city-developments-full-2024-earnings-005713433.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/city-developments-full-2024-earnings-005713433.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["CHCO","C09.SI","C70.SI"],"gpt_icon":0},{"id":"2516604529","title":"Singapore Billionaire’s CDL to Resume Trading After Family Feud","url":"https://stock-news.laohu8.com/highlight/detail?id=2516604529","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516604529?lang=en_us&edition=fundamental","pubTime":"2025-03-03 08:12","pubTimestamp":1740960746,"startTime":"0","endTime":"0","summary":" -- City Developments Ltd.’s shares are set for a turbulent open when it lifts a trading halt on Monday, following a family feud playing out in public.Cuts to Section 8 Housing Assistance Loom Amid HUD Uncertainty. Remembering the Landscape Architect Who Embraced the City. NYC Office Buildings See Resurgence as Investors Pile Into Bonds. Hong Kong Joins Global Stadium Race With New $4 Billion Sports Park. NJ Transit to Deploy Customer-Service Teams After Record Delays. The company said that Sherman Kwek, the younger scion of the family, will remain as chief executive officer of the firm, according to an exchange filing.Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis. Last week, CDL’s chairman and billionaire family patriarch Kwek Leng Beng sued his son Sherman, along with other board directors, accusing them of leading a boardroom coup against him.When markets open, investors will deliver their first verdict on the saga. The crisis engulfing the firm has shown little sign ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/singapore-billionaire-cdl-resume-trading-001226082.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/singapore-billionaire-cdl-resume-trading-001226082.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_sg","symbols":["SG9999000343.SGD","SG9999000475.SGD","C09.SI","CDL","SG9999016042.SGD","BK6512","BK6098"],"gpt_icon":0},{"id":"2516229375","title":"CDL shares tumble on first day of trading resumption amid power tussle","url":"https://stock-news.laohu8.com/highlight/detail?id=2516229375","media":"CNA","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516229375?lang=en_us&edition=fundamental","pubTime":"2025-03-03 08:09","pubTimestamp":1740960540,"startTime":"0","endTime":"0","summary":"City Developments said its business operations remain fully functional and unaffected.","market":"sg","thumbnail":"https://dam.mediacorp.sg/image/upload/s--2VF6UG3Z--/c_crop,h_448,w_797,x_3,y_1/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/26/a-city-developments-limited--cdl--logo-is-ssen-on-a-building-in-singapore-2.jpg?itok=sizmPOsL","type":0,"news_type":0,"thumbnails":["https://dam.mediacorp.sg/image/upload/s--2VF6UG3Z--/c_crop,h_448,w_797,x_3,y_1/c_fill,g_auto,h_468,w_830/f_auto,q_auto/v1/mediacorp/cna/image/2025/02/26/a-city-developments-limited--cdl--logo-is-ssen-on-a-building-in-singapore-2.jpg?itok=sizmPOsL"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.channelnewsasia.com/singapore/city-developments-limited-cdl-lifts-trading-halt-march-3-4971286","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"can_highlight","symbols":["SG9999014484.SGD","LU0261947096.USD","LU0577902298.EUR","LU0882747503.HKD","SG9999011175.SGD","LU0488056044.USD","LU0011963245.USD","LU0950375773.USD","LU0955648018.USD","LU0878004406.USD","SG9999001846.SGD","LU0210637038.USD","SG9999004220.SGD","SG9999001135.SGD","LU0251144936.SGD","LU0823417737.USD","LU0029875118.USD","SG9999000343.SGD","LU0577902611.USD","LU1956131251.USD","SG9999002562.SGD","LU2506951958.HKD","SG9999002620.SGD","C09.SI","CDL","LU0955623706.USD","LU0251143029.SGD","SG9999013486.USD","BK6112","LU0235996351.USD","LU0261945553.USD","LU0823397285.USD","LU0577902371.SGD","IE00BVYPNP33.GBP","BK6516","SG9999014492.USD","LU0630378429.USD","SG9999013478.USD","SG9999001127.SGD","LU0061477393.USD","LU0831093199.SGD","LU0955669360.SGD","LU2257852520.SGD","BK6512","LU1282649067.USD","SG9999002679.SGD","LU0577902454.USD","BK6523","LU0823397103.USD"],"gpt_icon":1},{"id":"2516523841","title":"City Developments Ltd -  Trading Halt Will Be Lifted on 3 March","url":"https://stock-news.laohu8.com/highlight/detail?id=2516523841","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516523841?lang=en_us&edition=fundamental","pubTime":"2025-03-03 07:32","pubTimestamp":1740958322,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250302:nFWN3PJ27K:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SG9999000475.SGD","BK6512","BK6098","SG9999016042.SGD","C09.SI","SG9999000343.SGD"],"gpt_icon":0},{"id":"2516523897","title":"City Developments Ltd - 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Will Not Comment on Validity of These Allegations","url":"https://stock-news.laohu8.com/highlight/detail?id=2516238175","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516238175?lang=en_us&edition=fundamental","pubTime":"2025-03-03 07:30","pubTimestamp":1740958252,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250302:nFWN3PJ25K:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["C09.SI","SG9999000343.SGD","SG9999016042.SGD","BK6512","SG9999000475.SGD","BK6098"],"gpt_icon":0},{"id":"2516506469","title":"Father-son feud: BT looks at CDL shares’ highs and lows under Sherman Kwek’s watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2516506469","media":"businesstimes","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516506469?lang=en_us&edition=fundamental","pubTime":"2025-03-03 07:23","pubTimestamp":1740957803,"startTime":"0","endTime":"0","summary":"IN THE ongoing father-son battle for board control of property giant City Developments Ltd (CDL), executive chairman Kwek Leng Beng cites several...","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"bustime_highlight","url":"https://www.businesstimes.com.sg/companies-markets/father-son-feud-bt-looks-cdl-shares-highs-and-lows-under-sherman-kweks-watch","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.businesstimes.com.sg/companies-markets/father-son-feud-bt-looks-cdl-shares-highs-and-lows-under-sherman-kweks-watch","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"bustime_highlight","symbols":["CDL","SG9999000475.SGD","BK6098","SG9999016042.SGD","SG9999000343.SGD","BK6512","C09.SI"],"gpt_icon":0},{"id":"2516655061","title":"CDL loses biggest developer spot to UOL as stock slides","url":"https://stock-news.laohu8.com/highlight/detail?id=2516655061","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516655061?lang=en_us&edition=fundamental","pubTime":"2025-03-03 04:47","pubTimestamp":1740948436,"startTime":"0","endTime":"0","summary":"CDL shares fell as much as 7% before paring some losses before noon. They are set to close at the lowest since 2009. 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