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 ...

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. Explosive ...

[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 - 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: 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 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 ...