CDL saga has ‘no impact on Hong Leong Asia’, says HLA CEO
The company has been awarded best managed board for companies with a market capitalisation between S$300 million and S$1 billion at the Singapore Corporate Awards
HONG Leong Asia does not see the dispute between CDL’s executive chairman Kwek Leng Beng and his son Sherman Kwek affecting the company despite both groups being part of the same conglomerate.
On Thursday (Feb 27), Hong Leong Asia’s chief executive officer Stephen Ho said: “We do not see an impact in terms of Hong Leong Asia’s business.”
“We have an independent board, we have professionals who are running here,” he added.
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