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 ...
led by Sherman Kwek, Philip Lee and Wong Ai Ai, sought to consolidate control of the board and the group by appointing two new directors and bypassing nomination procedures. Lee is the lead ...
SINGAPORE - A tussle between father and son for control of City Developments Limited (CDL) came to light on Feb 26, with executive chairman Kwek Leng Beng publicly criticising his son Sherman, who ...
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 ...
Photo courtesy of the company Leng Beng previously filed a lawsuit against his son and CDL’s group CEO, Sherman Kwek, along with board members Philip Lee and Wong Ai Ai, and a group of directors ...
Kwek Leng Beng said he has initiated legal proceedings to address what he described as an attempt by his son, along with board members Philip Lee, Wong Ai Ai, and other directors, to consolidate ...
After the closed-door High Court hearing, Kwek Leng Beng said that newly appointed directors Jennifer Duong Young and Wong Su-Yen agreed not to exercise their powers until further court notice.
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 in ...