CDL celebrates 60th anniversary
City Development Limited commemorates its 60th anniversary on Sept 5 at Orchard Hotel Singapore. Deputy Prime Minister and Finance Minister Lawrence Wong was the distinguished guest being invited to the event organized by CDL to celebrate the group’s diamond jubilee, commemorating the company’s presence over the years since operating the business with just eight manpower in 1963.
Collectively, the group is now worth a total $31 billion with their assets and over eight thousand employees worldwide. CDL in current market is a international real estate company with diverse property portfolio from residential to hospitality. Take for an example, Millennium & Copthorne Hotels, has strengthened its portfolios from one hotel to over 155 hotels till date.
mirroring on the group’s growth since he and his late father and Hong Leong Group founder Kwek Hong Png bought a block of CDL shares in 1969, CDL’s executive chairman Kwek Leng Beng gave a speech at the event. “From a home-based group, we established and spring forward our branding beyond Singapore’s this sunny island to the region and further onto the global stage, operating businesses across five continents,” he says.
CEO Sherman Kwek of CDL also deliver his tribute message during the event on the stage to past and present CDL leaders. In addition, he spoke on CDL’s core values of collaboration, honesty and creativity “People are the key major asset in any organisation, and I would like to thank all my partners for their commitment, love and support that has given us so much to be notable of,” he adds.
CDL has been participating with the National Council of Social Service to establish a new health being therapy facility for children and families housed at City Square Mall In celebration of its 60th anniversary, and fund raising for Community Chest. It has also cast a wider network to its partnership with the National Parks Board on the CDL Green Gallery and Garden City Fund, partnered with MigrantWell Singapore to intensify the holistic of its migrant workers and is building a new annexe for its Singapore Sustainability Academy in City Square Retail Centre.
The Arden Condominium Price Singapore