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Millennium & Copthorne New Zealand faces cancellations, unable to forecast exact impact on 1H21 financial performance
The number of deferrals and cancellations vary from hotel to hotel, which will impact M&C New Zealand’s revenue for February.
February 16, 2021
Broker's Calls
CityDev's takeover offer of M&C likely to get approval from minority shareholders: RHB
SINGAPORE (June 10): RHB Research says CDL’s revised takeover offer to acquire the remaining 35% stake of its subsidiary Millennium & Copthorne hotels (M&C) is likely to gain approval from minority shareholders.
June 10, 2019
M&A
CDL says M&C Hotels buyout offer documents sent out; First close date set at Jan 23
SINGAPORE (Dec 21): City Developments (CDL) has sent out the offer documents for the buyout of Millennium & Copthorne (M&C) Hotels to the latter's shareholders.
December 21, 2017
Broker's Calls
CityDev kept at 'buy' as it raises offer on M&C Hotels
SINGAPORE (Dec 11): UOB Kay Hian is maintaining its “buy” call on City Developments (CDL) with a target price of $14.03.
December 11, 2017