Shares of City Developments gained after billionaire Kwek Leng Beng withdrew a lawsuit against his son, keeping the status ...
Kwek Leng Beng's son, Sherman Kwek, pointed to Wu as the primary cause of the dispute between him and his father.
Shares of City Developments Ltd. tumbled as trading resumed Monday following a three-day halt amid a boardroom battle for ...
An alleged boardroom coup attempt and a lawsuit between a family patriarch and his son – even by the standards of Asian ...
This, he said, was contrary to established corporate governance principles ... his brother Kwek Leng Joo and their father Kwek Hong Png bought control of a loss-making CDL.
(Bloomberg) -- An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses ... late Kwek Hong Png, who left China ...
CEO Sherman Kwek should focus on making back S$1.9 billion in losses, says Philip Yeo, who is among the minority directors ...
I accept that business decisions are difficult and young people may make business mistakes in their careers and that is understandable, but circumventing corporate governance laws is a red line ...
The public spat between the two could have implications on who will be Hong Leong group leader as well. Read more at straitstimes.com.