Kwek Leng Beng

With a matching grant from the government, the total endowment contribution amounts to S$60 million

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

‘Developing a strong and reputable brand is my priority,’ says the property veteran

Departure comes three months after CDL’s annual general meeting, when he rallied shareholders against ‘bullying’ by majority directors

As part of the partnership, both companies will jointly participate in major trade shows and roadshows

Deal values Norman Foster-designed complex at S$2.75 billion; proceeds will help CDL trim debt, recycle capital

The property arm of IOI Corporation is already a major player in Singapore’s real estate space, with residential, hotel and office assets

The board cites macroeconomic challenges, omission from MSCI index for disproportionate share price drop

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