City Developments Limited

#DidYouKnow that Hudson Theatre, one of the oldest Broadway venues, is owned by CDL's Millennium & Copthorne Hotels? After a multimillion-dollar renovation, the Hudson Theatre reopened in 2017 with the Broadway revival of 'Sunday in the Park with George'.   Learn more about the rich history of Hudson Theatre here: https://lnkd.in/g-gb2Wy4   #cdlstories #citydevelopments

This week, City Developments Limited's Head of Property Development Division, Lee Mei Ling and Head of Green Building, Decarbonisation & Safety, Allen Ang, visited the Newport construction site to connect with workers and highlight the importance of staying cool while staying out. The visit is part of CDL’s ExCo and senior management monthly site engagement with workers, aimed at understanding the safety and health protocols that are currently practised onsite. Besides emphasising on workplace safety, CDL shared tips with workers on staying hydrated, distributed portable fans to help them cope with the heat. We were also invited to present our main contractor, Woh Hup (Private) Limited's “Most Safety Conscious” Award of the month to six of their supervisors and workers. CDL is inspired by the dedication of the workers and is fully committed to supporting their wellbeing. By working collaboratively with our contractors, we can create a safe and healthy working environment for our workers! #citydevelopments #EHS #WorkplaceSafety #WSH #SafetyFirst #Newport #HeatStress #Engagement #Wellbeing #Leadership

50 of our employees recently had an incredible opportunity to visit Samwoh Smart Hub – Singapore's first BCA Green Mark Platinum (Positive Energy) building, to learn about Samwoh's innovative and sustainable practices. This visit forms part of CDL employees’ foundational training on sustainability. Our employees gained insights into Samwoh’s advanced civil and infrastructure engineering capabilities, their strategic innovations in sustainable construction and pioneering efforts in developing low-carbon construction materials. They also learnt about Samwoh’s initiatives and efforts in place for the health and wellbeing of their employees. It was truly inspiring to witness the behind-the-scenes research efforts that go into achieving a positive energy building. This experience has not only broadened our employees’ understanding but also motivated us to press on for our own sustainability initiatives! A heartfelt thank you to Samwoh Corporation Pte Ltd and Chief Operating Officer Dr HO NYOK YONG for hosting us and generously sharing your invaluable knowledge in the civil and infrastructure industry!  #citydevelopments #cdlsustainability

Marking the first Millennium Hotels and Resorts M Social hotel in Thailand, M Social Phuket's grand opening was a much awaited one. Joining in the celebration were members of our Board and senior management team. A beacon of modern luxury, the lifestyle hotel’s 418 social rooms and suites are artfully designed to create a luxurious and functional space for travellers seeking an indulgent retreat. This includes Phuket’s first AI voice-controlled assistant, Aiello, in all rooms, allowing guests to have seamless control and personalised service round the clock. Marrying contemporary aesthetics with unparalleled state-of-the-art technology, M Social Phuket is a stunning property that houses the perfect environment to relax and unwind. (From left to right: M Social Phuket’s General Manager Mr Pjey Mayandi, CDL’s Board Members Mr Chong Yoon Chou and Mr Philip Lee, CDL's Group General Manager Mr Chia Ngiang Hong, CDL's Group Chief Operating Officer Mr Kwek Eik Sheng, Mrs Cecilia Kwek Leng Beng, CDL's Group CEO Mr Sherman Kwek, CDL’s Group CFO Ms Yiong Yim Ming, CDL's Board Members Mr Tan Kian Seng and Mr Colin Ong) #CityDevelopments #MillenniumHotels #MyMillennium #MSocialPhuket #GrandOpening #Hospitality #Luxuryhotel #Phuket #TravelDestination

#DidYouKnow that The Bailey's Hotel London has a restaurant called 'The Bugis Singapore Restaurant,' inspired by the vibrant flavours of Singapore’s once-infamous Bugis Street.   Find out more here: https://lnkd.in/gfCW6SH5   #cdlstories #citydevelopments 

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐇𝐨 𝐇𝐨𝐧𝐠 𝐏𝐞𝐰 What does a rewarding career look like to you? Meet Hong Pew Ho, Vice President of the Infrastructure team in the Information Technology department who has been with City Developments Limited for 16 years and counting! For Hong Pew, a rewarding career goes beyond professional growth. It's about being part of a collaborative culture, working in an organisation that aligns with his values, and contributing to a progressive employer dedicated to innovation and transformation. Read on to discover more about Hong Pew's career journey. #citydevelopments #employeespotlight

Last Friday, Jungceylon Shopping Center and M Social Phuket officially unveiled their new looks to the world! To celebrate this major milestone, members of CDL's Board and senior management team joined in the joyous celebrations at Jungceylon. CDL looks forward to driving operational efficiency and returns by bolstering our portfolio, through the revitalisation and repositioning of assets. Read more here: https://lnkd.in/g7davrqU (From left to right: CDL's Board Member Mr Tan Kian Seng, CDL's Group CFO Ms Yiong Yim Ming, CDL's Group General Manager Mr Chia Ngiang Hong, Phuket Square's Executive Board of Director Mr Suchad Chiaranussati, CDL's Group CEO Mr Sherman Kwek, Phuket Square's CEO Mr Prawit Janyasittikul, CDL's Group Chief Operating Officer Mr Kwek Eik Sheng, CDL's Board Members Mr Philip Lee, Mr Colin Ong and Mr Chong Yoon Chou.) #CityDevelopments #Thailand #Phuket #HolidayDestination #Jungceylon #MSocialPhuket #ShoppingMall #Hotel #Hospitality

𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐞 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐅𝐫𝐚𝐧𝐜𝐢𝐬 𝐘𝐮   At City Developments Limited, we are committed to our digital transformation journey. This journey would not be made possible without our dedicated Information Technology team.   Francis Yu, Vice President of the Applications team in the Information Technology department highlights the importance of fostering team synergy to cultivate a collaborative and inclusive team environment. This approach empowers the team to embrace new skill sets and drive innovation throughout our digital transformation journey.   Find out more about CDL's digital transformation journey here: https://lnkd.in/gtWZM5J8   #citydevelopments #employeespotlight 

As part of our asset rejuvenation strategy, we continue to focus on enhancing our assets to drive performance. Following an extensive THB 1B asset enhancement initiative (AEI) that began in 2022, the revamped Jungceylon Shopping Center in Phuket is set to officially unveil its new look and fresh immersive concepts this weekend. Located in the heart of the bustling Patong neighbourhood, the transformed mall has been repositioned as “The Oasis of Shopping in Patong’’. Boasting over 300 stores across four distinct zones: The Jungle Zone, The Botanica Zone, The Bay Zone and The Garden Zone; Jungceylon Shopping Center is a 200,000 sqm shopper’s haven that offers a refreshed shopping and lifestyle experience. Thoughtfully adorned with nature themes to evoke serenity, this one-stop destination is adjacent to the trendy and stunning 418-room M Social Phuket (formerly known as Millennium Resort Patong Phuket). Read more about this vibrant space here: https://lnkd.in/gbQTGkC6 #CityDevelopments #Thailand #Phuket #HolidayDestination #Jungceylon #MSocialPhuket #ShoppingMall

We are delighted to partner DBS Bank on a first-of-its-kind S$400MM TNFD targets-aligned sustainability-linked loan. CDL’s Group CFO Ms Yiong Yim Ming, said: “CDL takes pride in being the first Singapore company to voluntarily report according to the TNFD Recommendations. We believe that robust sustainability reporting can channel capital to expedite green building and climate action. We are pleased to partner with DBS in this first-of-its-kind financial solution aligned with our nature-specific climate action targets. Since 2017, we have secured over S$8B in sustainable financing to develop smarter, greener and more nature and climate-friendly infrastructure. We aim to enhance our triple bottom line through sustainable development, achieve our net zero ambitions and align finance with sustainability performance through innovative capital management initiatives.” Introduced in September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) framework is a set of global standards and guidelines designed to help businesses effectively integrate nature and biodiversity considerations into corporate decision-making.  This loan is designed to incentivise CDL’s ongoing efforts to achieve significant environmental, social, and governance (ESG) milestones, with proceeds allocated to general corporate funding, working capital, and asset redevelopment initiatives. It also incorporates specific targets for conserving biodiversity, managing waste and enhancing water efficiency, all integral to TNFD’s Recommendations. Read more: https://lnkd.in/dVcDHwYK #CityDevelopments #TaskforceonNaturerelatedFinancialDisclosures #TNFD #Sustainability #GreenFinance #GreenLoan #RealEstateInvestment