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Kwek Leng Beng lawsuit
Singapore billionaire Kwek family’s CDL posts net profit growth as board moves past father-son feud

Singapore billionaire Kwek family’s CDL posts net profit growth as board moves past father-son feud

Singapore-based City Developments reported higher net profit in the first half of 2025 amid efforts to show that its board had overcome an earlier feud between its billionaire chairman Kwek Leng Beng and his CEO son.
Singapore billionaire Kwek family’s CDL sets new record price for executive condo site with $610 psf ppr bid

Singapore billionaire Kwek family’s CDL sets new record price for executive condo site with $610 psf ppr bid

Longtime director at Singapore billionaire Kwek Leng Beng's CDL to resign after public boardroom feud

Longtime director at Singapore billionaire Kwek Leng Beng's CDL to resign after public boardroom feud

Hotel arm of Singapore billionaire Kwek family’s CDL announces cross-brand loyalty partnership with Germany’s Maritim Hotels

Hotel arm of Singapore billionaire Kwek family’s CDL announces cross-brand loyalty partnership with Germany’s Maritim Hotels

Millennium Hotels and Resorts, the hospitality unit under Singaporean billionaire Kwek Leng Beng’s City Development, has partnered with Germany’s Maritim Hotels to launch a cross-brand loyalty program.
July 3, 2025 | 03:09 pm PT
Singapore billionaire Kwek family’s CDL shares rise after sale of $2.1B South Beach complex to Malaysian firm to cut debt

Singapore billionaire Kwek family’s CDL shares rise after sale of $2.1B South Beach complex to Malaysian firm to cut debt

City Developments’ share price rose 8.5% to close last week at S$5.25 (US$4.08) on the developer’s announcement that it is selling a landmark office complex in Singapore to reduce debt and restore investor confidence after a family feud.
June 9, 2025 | 12:28 am PT
Singapore billionaire Kwek family’s CDL to sell $2.1B office complex to reduce debt, restore investor confidence after public father-son feud

Singapore billionaire Kwek family’s CDL to sell $2.1B office complex to reduce debt, restore investor confidence after public father-son feud

City Developments will sell its majority stake in a landmark Singapore office complex as it aims to cut debt and regain investor confidence after a public feud between billionaire chairman Kwek Leng Beng and his CEO son.
June 4, 2025 | 12:27 am PT
Inside Singapore's 10th richest billionaire Kwek Leng Beng's feud with CEO son: Have you been following the family drama?

Inside Singapore's 10th richest billionaire Kwek Leng Beng's feud with CEO son: Have you been following the family drama?

A feud erupted earlier this year between Singaporean billionaire Kwek Leng Beng, executive chairman of City Developments Limited, and his son, Sherman Kwek, the company's CEO, prompting the father to file a lawsuit against him.
April 27, 2025 | 03:21 pm PT
Singapore’s 4th richest billionaire Kwek Leng Beng receives $4.5M remuneration from CDL after boardroom feud with CEO son

Singapore’s 4th richest billionaire Kwek Leng Beng receives $4.5M remuneration from CDL after boardroom feud with CEO son

Kwek Leng Beng, executive chairman of CDL, received reduced remuneration of S$5.97 million (US$4.55 million) for 2024 after a boardroom tussle with his son dragged down the firm’s share price.
April 14, 2025 | 12:53 am PT
Senior establishment figures reportedly mediated truce between Singapore's 4th richest billionaire Kwek Leng Beng and son

Senior establishment figures reportedly mediated truce between Singapore's 4th richest billionaire Kwek Leng Beng and son

Senior establishment figures and trusted family friends reportedly helped mediate a halt to the public boardroom feud between Singaporean billionaire Kwek Leng Beng and his son at property giant City Developments Limited.
March 13, 2025 | 08:43 pm PT
Singapore's 4th richest billionaire Kwek Leng Beng drops lawsuit against CEO son to resolve CDL boardroom feud

Singapore's 4th richest billionaire Kwek Leng Beng drops lawsuit against CEO son to resolve CDL boardroom feud

Singaporean billionaire Kwek Leng Beng, executive chairman of City Developments Limited, has dropped a lawsuit against his son, the company's CEO, seeking to resolve the high-profile boardroom tussle at one of Singapore’s largest property developers.
March 12, 2025 | 07:52 pm PT
Catherine Wu, adviser at center of boardroom dispute between Singapore's 4th richest billionaire Kwek Leng Beng and son, resigns from CDL subsidiary

Catherine Wu, adviser at center of boardroom dispute between Singapore's 4th richest billionaire Kwek Leng Beng and son, resigns from CDL subsidiary

Catherine Wu, long-time adviser to Singaporean billionaire Kwek Leng Beng said to be the reason behind the tycoon’s feud with his son Sherman Kwek, has resigned from her role at City Developments Limited’s subsidiary.
March 4, 2025 | 07:09 pm PT
The rise and fall of CDL amid family dispute between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

The rise and fall of CDL amid family dispute between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Singapore-based City Developments Limited grew from an unprofitable business into a S$4.6 billion (US$3.4 billion) giant over several decades before the recent feud between its two top executives from the billionaire Kwek family.
March 3, 2025 | 03:49 am PT
CEO son Sherman Kwek taps top litigator Davinder Singh for legal battle against father, Singapore’s 4th richest billionaire Kwek Leng Beng

CEO son Sherman Kwek taps top litigator Davinder Singh for legal battle against father, Singapore’s 4th richest billionaire Kwek Leng Beng

Property giant City Developments Limited’s group CEO Sherman Kwek has recruited legal powerhouse Davinder Singh into his legal team amid the ongoing legal battle with his father, Singaporean billionaire Kwek Leng Beng, over control of the firm’s board.
March 3, 2025 | 01:02 am PT
Property giant CDL’s shares plummet as trade resumes amid feud between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Property giant CDL’s shares plummet as trade resumes amid feud between Singapore’s 4th richest billionaire Kwek Leng Beng and CEO son

Property giant City Developments Limited’s shares plunged on Monday as trading resumed after a three-day suspension triggered by an ongoing boardroom dispute between Singaporean billionaire Kwek Leng Beng and his son, the firm’s group CEO.
March 2, 2025 | 07:51 pm PT
How Singapore’s 4th richest billionaire Kwek Leng Beng's leadership and succession views shape CDL’s family dispute

How Singapore’s 4th richest billionaire Kwek Leng Beng's leadership and succession views shape CDL’s family dispute

Kwek Leng Beng, the Singaporean billionaire suing his son for an alleged power grab at the board of property giant City Developments Limited, has a direct and pragmatic approach to business and succession.
March 2, 2025 | 03:12 pm PT
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