Current deputy CEO Sherman Kwek will be appointed as CEO-designate of the company from today.
SINGAPORE (Aug 11): City Developments has announced a 17.9% drop in 2Q17 earnings to $109.9 million from $133.8 million in 2Q16.
In a separate filing, CityDev has announced it has accepted the resignation of CEO Grant Lewis Kelley who will leave at end December.
