Shares of City Developments Ltd. (CDL) gained after billionaire Kwek Leng Beng withdrew a lawsuit against his son, keeping the status quo at the Singapore property giant. “The court proceedings ...

Kwek Leng Beng, the executive chairman of City Developments Limited (CDL), is attempting to sack his son Sherman as group CEO. He has also filed a lawsuit over alleged governance lapses and an ...

[SINGAPORE] City Developments Ltd (CDL) on Thursday (Mar 13) morning climbed at the opening, following news on Wednesday night that executive chairman Kwek Leng Beng will be discontinuing his lawsuit ...

A BATTLE for control has erupted within property giant City Developments Ltd (CDL), pitting father and son against each other in the Kwek-family controlled company and exposing underlying tensions ...

Singapore real estate billionaire Kwek Leng Beng dropped a lawsuit against his son he had accused of an alleged coup last month, patching up a family feud as abruptly as it erupted. The elder Kwek ...

SINGAPORE: City Developments Limited (CDL) executive chairman Kwek Leng Beng on Wednesday (Mar 12) night dropped the lawsuit against his son and group CEO Sherman over alleged governance lapses ...

SINGAPORE - Mr Sherman Kwek, group chief executive officer of City Developments Limited (CDL), on Feb 26 expressed his disappointment over the “extreme actions” taken by his father Kwek Leng ...

SINGAPORE: A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Wednesday (Feb 26) with executive chairman Kwek Leng Beng publicly ...

SINGAPORE – Trusted family friends and senior establishment figures in Singapore intervened and mediated a truce which put a halt to an acrimonious boardroom fight between billionaire Kwek ...

SINGAPORE - A tussle between father and son for control of City Developments Limited (CDL) came to light on Feb 26, with executive chairman Kwek Leng Beng publicly criticising his son Sherman ...