An update from City Developments ( (SG:C09) ) is now available.
City Developments Limited has announced a legal proceeding initiated by several board members, including the Executive Chairman, against other directors and the Group CEO. The court application seeks to address disagreements over board composition and governance, potentially impacting the company’s leadership dynamics and stakeholder confidence.
More about City Developments
City Developments Limited is a real estate company based in Singapore, focusing on property development and investment. It operates in the real estate industry, providing residential, commercial, and hospitality properties.
YTD Price Performance: -2.12%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.44B
For an in-depth examination of C09 stock, go to TipRanks’ Stock Analysis page.