CDL Shares Rise

CDL Shares Rise After Billionaire Drops Case Against CEO Son
Singapore real estate billionaire Kwek Leng Beng dropped a lawsuit against the son he accused of carrying out a board coup last month, patching up a family feud as abruptly as it erupted.
CDL shares up more than 3% after Kwek Leng Beng drops lawsuit against son
The counter rose as high as 3.85 per cent, jolted by news that the ongoing court battle between father and son has been discontinued.
Kwek Leng Beng drops legal action, son Sherman stays as CDL CEO
The senior Kwek had earlier sought to remove his son as CEO over an "attempted coup". Read more at straitstimes.com.
CDL shares climb 4% after Kwek Leng Beng discontinues lawsuit against son Sherman Kwek
SINGAPORE] City Developments Ltd (CDL) on Thursday (Mar 13) morning climbed at the opening, following news on Wednesday night that executive chairman Kwek Leng Beng will be discontinuing his lawsuit against his son Sherman Kwek and six other members of the CDL board.
City Developments' billionaire executive chair drops legal case against CEO son
Singapore's City Developments on Wednesday said its billionaire executive chairman, Kwek Leng Beng, had dropped a lawsuit against his son, the company's CEO, whom he had accused of plotting a boardroom coup.
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.
Senior establishment figures mediated between CDL’s Kwek Leng Beng and son Sherman, sources say
They are neutral parties who have kept in touch with both sides and helped broker a deal between the two men. Read more at ...
WWNY on MSN6h
Landscaping company spends more than $60K to enroll employees in JCC’s CDL course
An investment in their workers is what officials at Zehr’s Flowers and Landscaping is considering the more than $63,000 they ...
The Business Times19hOpinion
CDL saga: Will peace hold? It’s time for a comprehensive strategic review
Can Kwek Leng Beng and Sherman Kwek work harmoniously? Regaining investor confidence is challenging. Read more at The ...
The Edge Singapore16h
CDL directors put stop to legal action, executive chairman Kwek Leng Beng and son Sherman Kwek to retain posts
The boardroom-family saga at City Developments (CDL) has seemingly come to an end, with executive chairman Kwek Leng Beng ...
Bossier Press-Tribune13h
BPCC Launches CDL Program to Meet Growing Demand for Skilled Commercial Drivers
Bossier Parish Community College (BPCC) is proud to announce the launch of its new Commercial Driver’s License (CDL) training ...
The Robesonian4h
Robeson Community College graduates 18 from the CDL and Truck Driving Academy
Robeson Community College celebrated 18 graduates from the CDL and Truck Driving Academy today. These students have persevered and worked hard to complete the requirements which lead to ...
The Edge Singapore16h
CDL shares close 3% higher after Kwek Leng Beng drops legal action
Kwek Leng Beng will remain as executive chairman, and his son Sherman will continue as group CEO of City Developments.