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These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or with global consumer connections Hong Leong Group…
If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts…
The People's Action Party's Henry Kwek is all set to run again in the Kebun Baru ward, which has only one seat, in the upcoming election. Speaking on Saturday, April 19, at Teck Ghee's PAP…
A REAL-LIFE Succession feud imploded from within property giant City Developments Ltd (CDL) last week, with a father-and-son tussle throwing the Kwek family-controlled group into crisis.…
AS THE boardroom tussle at CDL hots up, pitting executive chairman Kwek Leng Beng against his son and CEO Sherman Kwek and other board members, The Business Times takes a look at how…
AS THE boardroom tussle at CDL hots up, pitting executive chairman Kwek Leng Beng against his son and CEO Sherman Kwek and other board members, The Business Times takes a look at how…
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attempted coup “misses the point”, in yet another twist to the father-son tussle rocking the…
CITY Developments Ltd (CDL) chairman Kwek Leng Beng has alleged that his son’s denial of an attemptto oust him “misses the point”, in yet another twist to the father-son tussle rocking the…
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr Wu…
Share price is deeply undervalued, could father-son tussle lead to restructuring or a merger? Investors buy into listed groups where families hold major stakes and are active in…
THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL executive chairman Kwek Leng Beng in a surprise…
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said recent changes to the board have “never been about ousting our esteemed chairman”, responding to moves by his…
A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Feb 25 with executive chairman Kwek Leng Beng publicly criticising his son…
