How Cyril Tuzemen hopes to shake up Singapore’s property market with Vesper Homes
Tuzemen: In the UK, we adopted this system, and we have replicated the model here in Singapore. From a leasing perspective, ...
CNA27d
Power tussle at CDL sparks concerns over governance and share price volatility
All eyes are now on whether governance lapses have occurred at the property giant and how swiftly and transparently the company can resolve its internal discord, experts said.
Channel NewsAsia Singapore26d
CDL boardroom tussle: A timeline of what we know so far
loss from CDL's investment in Chinese developer Sincere Property in 2020 and poor returns from UK property ventures. CDL's share price has also underperformed since Mr Sherman Kwek, 49 ...
The Straits Times28d
CDL’s Kwek Leng Beng seeks to fire son Sherman as CEO over ‘attempted coup’
Mr Kwek Leng Beng said that on Jan 28, the eve of Chinese New Year, CDL’s corporate secretary sent an e-mail to the board about Mr Lee and Ms Wong nominating two additional independent directors.
Car Dealer Magazine2d
It’s join or get left behind when it comes to Chinese brands, say car dealers
Chinese car brands have become a popular choice for consumers, and car dealers have said they needed to join in or miss out.
Business Times27d
CDL CEO Sherman Kwek disappointed by father’s ‘extreme actions’ against him after suits filed
CITY Developments Ltd (CDL) group chief executive officer Sherman Kwek said that ... were nominated to join the board as independent directors on Jan 28, on the eve of Chinese New Year. The chairman ...
The Straits Times28d
CDL through the years: From humble roots to family rift at Singapore’s property giant
SINGAPORE - Mr Kwek Leng Beng, executive chairman of City Developments Limited (CDL), has filed a lawsuit to address what he sees as an “attempted coup” by his son Sherman, board members ...
Business Times27d
From origins to turmoil: The CDL story
2020: CDL struggles with its China expansion during the pandemic as a result of a deal with Chinese developer Sincere Property Group. The joint venture, spearheaded by Sherman in 2019, is said to have ...
The Star27d
What to know about CDL’s father-and-son duo and other family members in the business
He resigned in 2020 over disagreements and clashes with the board over CDL’s investment in Sincere, as well as the continuing provision of financial support to the Chinese property group.
Car Dealer Magazine5d
‘It will create a lazy industry’: Car manufacturer bosses speak out against Chinese tariffs
Two of the UK's most powerful car manufacturer bosses have spoken out against the prospect of introducing tariffs on Chinese ...
Marketplace12d
U.S. wants Chinese consumers to spend more and shrink the trade gap. That won’t be easy.
Growing up in the Chinese countryside in the 1990s, Cathy Guo couldn’t afford to buy anything American, until she got to college. It was a Kentucky Fried Chicken meal. “I had a part-time job then.
NBC News28d
Chinese company withdraws notice setting deadline for single workers to get married
The announcement, which comes amid a concerted Chinese government effort to boost marriage and birth rates, was widely criticized online. “Isn’t this just another reason to fire an employee?” ...