City Developments Limited

OTCPK:CDEV.F Stock Report

Market Cap: US$5.9b

City Developments Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sherman Kwek

Chief executive officer

S$5.1m

Total compensation

CEO salary percentage19.50%
CEO tenure8.7yrs
CEO ownershipn/a
Management average tenure9.7yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sherman Kwek's remuneration changed compared to City Developments's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

S$831m

Mar 31 2026n/an/a

S$726m

Dec 31 2025S$5mS$991k

S$620m

Sep 30 2025n/an/a

S$408m

Jun 30 2025n/an/a

S$195m

Mar 31 2025n/an/a

S$193m

Dec 31 2024S$3mS$990k

S$191m

Sep 30 2024n/an/a

S$259m

Jun 30 2024n/an/a

S$328m

Mar 31 2024n/an/a

S$316m

Dec 31 2023S$4mn/a

S$305m

Sep 30 2023n/an/a

S$262m

Jun 30 2023n/an/a

S$219m

Mar 31 2023n/an/a

S$746m

Dec 31 2022S$4mS$986k

S$1b

Sep 30 2022n/an/a

S$1b

Jun 30 2022n/an/a

S$1b

Mar 31 2022n/an/a

S$648m

Dec 31 2021S$2mS$776k

S$72m

Sep 30 2021n/an/a

-S$947m

Jun 30 2021n/an/a

-S$2b

Mar 31 2021n/an/a

-S$2b

Dec 31 2020S$1mS$863k

-S$2b

Sep 30 2020n/an/a

-S$886m

Jun 30 2020n/an/a

S$193m

Mar 31 2020n/an/a

S$350m

Dec 31 2019S$3mS$851k

S$552m

Compensation vs Market: Sherman's total compensation ($USD4.02M) is below average for companies of similar size in the US market ($USD8.38M).

Compensation vs Earnings: Sherman's compensation has increased by more than 20% in the past year.

CEO

Sherman Kwek (51 yo)

8.7yrs
Tenure
S$5,080,226
Compensation

Mr. Eik Tse Kwek, also known as Sherman, serves as the Executive Director and Group Chief Executive Officer at City Developments Limited. He assumed his current role as CDL's Group Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Leng Beng Kwek
Executive Chairman56.9yrsS$7.42m0.044%
$ 2.6m
Eik Tse Kwek
Executive Director & Group CEO8.7yrsS$5.08mno data
Yim Ming Yiong
Group Chief Financial Officer10.7yrsno datano data
Eik Sheng Kwek
Group Chief Operating Officer4.7yrsno datano data
Gerald Yong
Chief Investment Officer3.3yrsno datano data
Ong Siew Toh
Senior Vice President of Group Accountsno datano datano data
Ivan Ng
Chief Technology Officer10.7yrsno datano data
Cindy Tan
Head of Administration Departmentno datano datano data
Belinda Lee
VP and Head of IR & Corporate Communicationsno datano datano data
Sharifah Shah
Senior Vice President of Legalno datano datano data
Adeline Ong
Senior Vice President of Sales & Marketingno datano datano data
Esther An
Chief Sustainability Officerno datano datano data
9.7yrs
Average Tenure
52yo
Average Age

Experienced Management: CDEV.F's management team is seasoned and experienced (9.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Leng Beng Kwek
Executive Chairman56.9yrsS$7.42m0.044%
$ 2.6m
Eik Tse Kwek
Executive Director & Group CEO7.3yrsS$5.08mno data
Leng Peck Kwek
Vice Chairmanless than a yearS$84.00k0.082%
$ 4.9m
Yoon Chou Chong
Independent Non-Executive Director5.8yrsS$128.58k0.0045%
$ 265.5k
Su Yen Wong
Independent Non-Executive Director1.6yrsS$123.33kno data
Ai Ai Wong
Independent Non-Executive Director4.7yrsS$225.63kno data
Swee Liang Chan
Independent Non-Executive Director5.8yrsS$221.17kno data
Lian Jin Ong
Independent Non-Executive Director5.9yrsS$132.72k0.011%
$ 663.1k
Jee Cheng Lee
Lead Independent Director5.7yrsS$272.72kno data
Duong Young
Independent Non-Executive Director1.6yrsS$184.54kno data
5.7yrs
Average Tenure
62yo
Average Age

Experienced Board: CDEV.F's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/09 21:02
End of Day Share Price 2026/06/12 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

City Developments Limited is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tricia SongBarclays
Donald ChuaBofA Global Research
Mun Yee LockCGS International