CDL defended the actions as “necessary and appropriate”, due to what it said were “governance concerns in relation to the role and involvement” of an adviser at its hotel subsidiary. The board of City ...

The “serious lapses” of corporate governance at City Developments (CDL) have been halted, according to a second statement issued by CDL’s executive chairman Kwek Leng Beng. Following a court hearing ...

THE “primary reason” for the ongoing dispute at City Developments Ltd (CDL) is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, said group chief ...

[SINGAPORE] City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter boardroom battle against his son, chief executive officer ...

SINGAPORE: City Developments Limited (CDL) group chief executive Sherman Kwek and six board directors, called out by CDL executive chairman Kwek Leng Beng for an “attempted coup” to take control of ...