CDL’s Kwek Leng Beng, Sherman Kwek announce 3.9% profit growth in first half marked by boardroom tussle
Business
“We have put past issues behind us, emerging stronger and more unified,” said executive chairman Kwek Leng Beng, in reference to a public feud with his son in February. SINGAPORE: Following an acrimonious feud in February between City Developments (CDL) executive chairman Kwek Leng Beng and his son Sherman Kwek, the duo put up a united front on Wednesday (Aug 13) to report a 3.9 per cent increase in profit for the first half of the year. The saga saw Mr Kwek, 84, previously accusing his son of
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