Kwek Leng Beng
CDL, Kwek Leng Beng donate S$24 million to SIT
With a matching grant from the government, the total endowment contribution amounts to S$60 million
Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng
These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or with global consumer connections
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
‘Developing a strong and reputable brand is my priority,’ says the property veteran
Philip Yeo to step down from CDL board
Departure comes three months after CDL’s annual general meeting, when he rallied shareholders against ‘bullying’ by majority directors
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows
CDL selling its 50.1% South Beach stake to its Malaysian partner IOI for S$834 million, yielding S$465 million gain
Deal values Norman Foster-designed complex at S$2.75 billion; proceeds will help CDL trim debt, recycle capital
Who is behind Malaysia’s IOI Properties Group?
The property arm of IOI Corporation is already a major player in Singapore’s real estate space, with residential, hotel and office assets
CDL answers shareholders’ concerns on NAV-share price gap, board cohesion, Sherman Kwek’s strategy
The board cites macroeconomic challenges, omission from MSCI index for disproportionate share price drop
Should Hong Leong Finance join Quek Leng Chan’s financial empire to boost its prospects?
Deepening the relationship between Hong Leong Finance and Malaysia’s Hong Leong Financial Group can help deliver long-term value for stakeholders from both sides in an increasingly complex environment
Senior establishment figures mediated between CDL’s Kwek Leng Beng and son Sherman, sources say
[SINGAPORE] Trusted family friends and senior establishment figures in Singapore intervened and mediated a truce which put a halt to an acrimonious boardroom fight between billionaire Kwek Leng Beng a...
