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City Developments Announces Strategic Board Committee Restructuring

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City Developments Announces Strategic Board Committee Restructuring

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City Developments ( (SG:C09) ) has shared an update.

City Developments Limited has announced changes to its Board Committees following the appointments of two Independent Non-Executive Directors, Ms Jennifer Duong Young and Ms Wong Su Yen. These changes include merging the Nominating and Remuneration Committees into a single entity for better oversight and efficiency, and reassigning several members to different committees to enhance the Board’s effectiveness. These adjustments are expected to streamline decision-making processes and strengthen governance practices, impacting the company’s strategic operations and industry positioning positively.

More about City Developments

City Developments Limited is a prominent real estate company engaged in property development and investment. Its primary focus is on creating sustainable environments and enhancing urban living through innovative real estate solutions. The company operates in various markets, aiming to deliver high-quality residential, commercial, and hospitality properties.

YTD Price Performance: 0.13%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.43B

Learn more about C09 stock on TipRanks’ Stock Analysis page.

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