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HOCK LOCK SIEW

CDL's near-term performance depends on Kweks resolving differences amicably

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The company's annual report shows that as at May 15, entities controlled by the Kwek family own 48.55 per cent of CDL.

IT HAS been almost a month since City Developments (CDL) stunned corporate circles with the announcement that its long-standing director Kwek Leng Peck had resigned.

Mr Kwek has, among other things, been against CDL's investment in Sincere Property Group, a privately-held Chinese property...

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