The power struggle at City Developments Limited, controlled by Singapore's 4th richest man Kwek Leng Beng, continues as shareholders question former adviser Catherine Wu's role and the legitimacy of ...

City Developments Limited (CDL) logo is seen on a building in Singapore ... which was spearheaded by CEO Sherman Kwek, son of Leng Beng. The company suspended the trading of its own shares on ...

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 ...

Kwek Leng Beng, 84, said in a statement that he has filed court papers to remove his son, Sherman Kwek, from his position because of changes he has made to the company's board. "This is necessary to ...

The counter rose as high as 3.85 per cent, jolted by news that the ongoing court battle between father and son has been ...

Real estate billionaire Kwek Leng Beng has disclosed that he has filed a lawsuit in Singapore against his son, Sherman, for control of the family’s crown jewel, property giant City Developments ...

Kwek Leng Beng, 84, said in a statement that he has filed court papers to remove his son, Sherman Kwek, from his position because of changes he has made to the company's board. "This is necessary ...

[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 Leng Beng ...

SINGAPORE – The two new directors at City Developments Limited (CDL), who are at the centre of a disagreement between executive chairman Kwek Leng Beng and his son, group chief executive Sherman ...

Kwek Leng Beng said that on Jan 28, the eve of Chinese New Year, CDL's corporate secretary sent an e-mail to the board about Lee and Wong nominating two additional independent directors.