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City Developments Strengthens Subsidiary Board with New Appointments

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City Developments Strengthens Subsidiary Board with New Appointments

The latest announcement is out from City Developments ( (SG:C09) ).

City Developments Limited has announced the appointment of three Independent Non-Executive Directors to the board of its principal subsidiary, Millennium & Copthorne Hotels Limited. This strategic move is expected to strengthen the subsidiary’s governance and potentially enhance its market position in the hospitality industry.

More about City Developments

City Developments Limited is a prominent player in the real estate industry, focusing on property development and management. The company is known for its extensive portfolio of residential, commercial, and hospitality properties, serving a diverse market globally.

YTD Price Performance: 2.12%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $3.49B

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

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