Last week, CDL’s chairman and billionaire family patriarch Kwek Leng Beng sued his son and chief executive officer Sherman Kwek, along with other board directors, accusing them of attempting a ...

CDL shares slumped 7% from their last closing price on Feb. 25 to S$4.76 (US$3.53) on Monday morning, hitting their lowest level since 2009, Bloomberg reported. The stock later pared some losses ...

Their long-simmering boardroom feud at City Developments Ltd. (CDL) has flared up spectacularly, showing that even billionaires can’t always keep it in the family. CDL — a.k.a. "CityDev ...

A monthslong rift between board members of Singapore-based property firm City Developments Ltd. (CDL) , which was believed to have been settled, cast a shadow over the company’s annual ...