CDEVY OTC

City Developments Limited (CDL), a prominent global real estate enterprise, holds a significant presence across 103 locations in 29 countries and regions. As one of the largest entities by market capitalization listed on the Singapore Exchange, CDL boasts a robust and geographically diversified portfolio encompassing residential properties, office spaces, hotels, serviced apartments, integrated developments, and shopping malls. With an impressive track record spanning over 55 years in real estate development, investment, and management, the company has successfully delivered more than 43,000 homes and oversees over 18 million square feet of rentable floor area worldwide. Its extensive global land bank further provides 4.1 million square feet of developable gross floor area. CDL's London-based hospitality arm, Millennium & Copthorne Hotels (M&C), stands as a major international hotel chain, operating more than 145 hotels globally, many strategically located in key urban centers. Utilizing its deep experience in cultivating and managing a varied asset base, CDL is committed to enhancing its portfolio's performance and solidifying its recurring income streams to generate lasting shareholder value. Additionally, the Group is actively establishing a fund management business, aiming to achieve US$5 billion in Assets Under Management by 2023.