CDL's Sherman Kwek points to father's former PA and board adviser Catherine Wu as reason for dispute

Quick Summary:

Mr Sherman Kwek says Dr Catherine Wu, who had a "long relationship" with his father Kwek Leng Beng, inteferred in matters "well beyond her scope".

"The majority directors are alive to their duties and will continue to uphold corporate governance and accountability within the CDL Group," said Mr Sherman Kwek.

SINGAPORE: The legal wrangle and public war of words between property tycoon Kwek Leng Beng and his son Sherman continued on Thursday (Feb 27), with the younger man singling out his father's associate as the source of a dispute within their company City Developments Limited (CDL).

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Minority Leng Chairman Board Directors Court Kwek Sherman Majority Statement Hearing

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 21:56:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1097 words

Reading Time: 7 minutes read

Sentences: 38 lines

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Copyright Owner: © Channel News Asia

News ID: 26477582

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