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CDL targets S$6 billion divestments under FY2027-29 GET+ strategy
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CDL targets S$6 billion divestments under FY2027-29 GET+ strategy
  • CDL launched the GET+ strategy for FY 2027-2029, targeting sharper capital discipline and sustainable shareholder returns.
  • Plan calls for SGD 5 billion of investments, SGD 6 billion of divestments, and more than SGD 6 billion of development cash inflows.
  • Dividend policy targets a dividend payout ratio of at least 35% of reported PATMI each year.
  • Balance sheet goal set at about 55% net gearing by FY 2029, supported by more than SGD 1 billion PATMI from divestment gains.
  • Fund management expansion targets SGD 10 billion in assets under management, up from about SGD 5 billion as of June 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL - City Developments Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GUJO0M9L4QP7ZYUU) on September 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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