He alleges that a faction led by his son Sherman Kwek, alongside directors Philip Lee Jee Cheng, Wong Ai Ai, and others, attempted to consolidate power over the board and CDL. On Feb 25 ...
A Succession-like feud has engulfed one of Singapore's richest families as Kwek Leng Beng, the executive chairman of property firm City Developments Limited (CDL), accused his son Sherman ...
The older Mr Kwek said he had filed court papers to address the “attempted coup” by Mr Sherman Kwek, 49, board members Philip Lee Jee Cheng ... of Mr Tan Kian Seng. Ms Young spent 21 years ...
On January 28, CDL’s corporate secretary informed the board that Lee and Wong had nominated ... 7 after the resignation of Tan Kian Seng. On February 8, Kwek Leng Beng questioned the urgency ...
The lawsuit was filed in Singapore’s courts on Tuesday against his son Sherman Kwek, 49, board members Philip Lee and Wong Ai Ai, and a group of directors, according to The Straits Times.
SINGAPORE: A tussle between father and son for control of property giant City Developments Limited (CDL) was revealed on Wednesday (Feb 26) with executive chairman Kwek Leng Beng publicly ...
SINGAPORE – City Developments Limited (CDL) group chief executive Sherman Kwek has roped in Senior Counsel Davinder Singh to his team of lawyers as he faces his billionaire father Kwek Leng Beng ...
bombshell news emerged that Kwek Leng Beng had filed court papers to deal with the “attempted coup” by Sherman Kwek, Philip Lee Jee Cheng, Wong Ai Ai and directors acting with them to allegedly ...
City Developments Ltd., the financial hub’s biggest listed developer, plunged into crisis Wednesday when its billionaire Chairman Kwek Leng Beng, 84, accused his son, the firm’s chief ...
The older Kwek accused his son and a group of directors, including Mr Philip Lee and Ms Wong Ai Ai, of bypassing CDL's nomination committee to push through board changes without proper review.
following a court hearing today, the serious lapses of corporate governance at CDL have now been halted.” Sherman Kwek, Philip Lee, Wong Ai Ai and the remaining directors acting in concert with them ...