CDL targets S$6 billion divestments under FY2027-29 GET+ strategy
Bitget2026/09/27 23:48- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Crypto prices
More
