City Developments Limited (CDL), a Singapore-based company, is engaged in property development, ownership and investment holding. The Company�s subsidiaries are engaged in property development and ownership, hotel ownership and operations, a club operation and ownership, investment in properties and in shares, property management, project management and provision of consultancy services, and hospitality-related information technology and procurement services. CDL operates in four business segments: property development, hotel operations, rental properties and others. The property development segment develops and purchases properties for sale. The hotel operations segment owns and manages hotels. Rental properties segment develops and purchases investment properties for lease. Other segment consists of club operator and owner, investment in shares, property management, project management and consultancy services and provider of information technology and procurement services.