SINGAPORE - Billionaire tycoon Kwek Leng Beng will drop the lawsuit he had filed against his son Sherman Kwek and other directors of City Developments Limited (CDL), in the latest turn of a high ...

[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 ...

SINGAPORE: Shares of City Developments (CDL) jumped on Thursday (Mar 13), a day after executive chairman Kwek Leng Beng said he was dropping the lawsuit against his son Sherman Kwek and a group of ...

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 ...

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 ...

The boardroom-family saga at City Developments has seemingly come to an end, with executive chairman Kwek Leng Beng discontinuing legal actions launched against a faction of board directors led by his ...

A company adviser embroiled in an escalating feud involving one of Singapore’s richest families has stepped down, according to the billionaire chairman of the clan’s real estate firm.

This comes after the CDL's executive chairman Kwek Leng Beng's son, Sherman Kwek, pointed to Wu as the primary cause of the dispute between him and his father. According to CNA, Kwek Leng Beng ...

An adviser at the center of the City Developments Ltd. (CDL) boardroom brawl between billionaire Kwek Leng Beng and his son, Sherman, has resigned a week after the family feud became public.

Dr Wu was at the forefront of the recent high-profile City Developments Limited (CDL) boardroom battle between CDL executive chairman Kwek Leng Beng and his son, CDL CEO Sherman Kwek. Sherman Kwek ...

Catherine Wu has resigned from her unpaid role at the hotel unit of City Developments Limited (CDL), according to a statement Tuesday from Chairman Kwek Leng Beng. Shares of the company rose as much ...

SINGAPORE: Dr Catherine Wu, who City Developments Limited (CDL) group chief executive Sherman Kwek called the “primary reason for the dispute” in the company’s boardroom battle, has stepped ...