City Developments Ltd. lost its position as Singapore’s largest listed developer after its stock fell following the lifting ...

The firm says it is “business as usual” amid a battle for board control between its chairman and his CEO son. Read more at ...

"The CDL CEO had sought to justify his board coup and overt breaches of corporate governance with unproven insinuations about Dr Wu," says group executive chairman Kwek Leng Beng.

Shares of City Developments fell more than 6 per cent to S$4.79 at the market open on Monday (Mar 3), hitting a fresh low ...

City Developments Ltd.'s shares plunged as much as 7 per cent after a trading halt was lifted Monday, underscoring the ...

SINGAPORE - Catherine Wu, who was thrown into the spotlight in a high-profile boardroom battle between Mr Kwek Leng Beng and ...

SINGAPORE -- Shares of Singapore-based developer City Developments (CDL) plunged to a 16-year low on early Monday, after a three-day trading halt, amid a boardroom tussle between father and son for ...

With Dr Wu’s resignation, the elder Kwek said that it was “high time” that the group “restore investor confidence” and ensure ...

CDL shares fell as much as 7% before paring some losses before noon. They are set to close at the lowest since 2009.

A power struggle has erupted at property giant City Developments Limited (CDL), with executive chairman Kwek Leng Beng ...