CNA·5 min read

CDL to divest S$6 billion over 3 years, CEO pledges 'unwavering focus' on execution of new strategy

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Abigail Ng
CDL to divest S$6 billion over 3 years, CEO pledges 'unwavering focus' on execution of new strategy
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If completed, the divestments would represent around one-sixth of the company's existing assets.

City Developments Limited chief executive Sherman Kwek speaks during a strategic review briefing on Sep 28, 2026. (Photo: CNA/Raydza Rahman)

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