A high-stakes father-and-son feud has plunged Singapore property giant City Developments Ltd (CDL) into turmoil, with the private boardroom dispute of one of the city-state’s wealthiest families erupting into public view this week.
The battle of words between CDL’s executive chairman Kwek Leng Beng and his son Sherman Kwek has exposed deep rifts within the Forbes-ranked fourth-richest family in Singapore.
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