CDL has been one of Singapore’s biggest property developers behind some of our island’s most ground-breaking buildings.
City Developments Ltd. lost its position as Singapore’s largest listed developer after its stock fell following the lifting ...
While family businesses often outperform non-family businesses in the longer term, generational succession doesn’t always ...
Property giant City Developments Limited’s shares plunged on Monday as trading resumed after a three-day suspension triggered ...
Catherine Wu, who is at the center of a high-profile boardroom dispute at property giant City Developments Limited between its executive chairman Kwek Leng Beng and his CEO son, serves as the tycoon's ...
Shares of City Developments Ltd. tumbled as trading resumed Monday following a three-day halt amid a boardroom battle for ...
A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil.
The scion of Singapore’s richest real estate clan denied his father’s claim that he was leading a boardroom coup, saying the primary reason for the family dispute lies with a key adviser to the ...
Lawyers in the city say such family feuds “in this part of the world” is not uncommon, however, one added it is “not every day that fathers sue sons over a coup.” ...
Shortly before midnight on Feb 26, the older Mr Kwek issued another statement saying that the “serious lapses of corporate governance have been halted”. This followed a closed-door court hearing ...