Kwek Leng Beng

Investors were transfixed by the $1.9 billion loss at Singapore-listed City Developments (CDL) in its FY2020 financial results last week, due to the firm’s misadventure in China through its joint v

City Developments Limited (CDL) has recorded a loss of $1.917 billion for the FY2020 ended December from earnings of $564.6 million a year ago.

Pressure is mounting on an heir to Singapore’s biggest family fortune as he seeks to salvage the troubled property investment at the centre of an ambitious expansion into China.

The Straits Times Index (STI) was down 0.08% or 2.53 points to 2,990.66 as at 1.59pm amid growing optimism in the US markets due to the announcement of a potential stimulus aid worth trillions of U

In a letter to the media released via SGX on Jan 7, City Developments Limited’s (CDL) executive chairman Kwek Leng Beng referred to the “recent media reports” with regard to the changes to the boar

City Developments Limited (CDL) has appointed Deloitte & Touche as its external financial advisor on Nov 4.

Kwek Leng Peck, cousin of City Developments' executive chairman Kwek Leng Beng, has “regrettably” resigned from the board of the property giant.

Professional services organisation EY has named three recipients of its 19th EY Entrepreneur Of The Year (EOY) 2020 Singapore awards.

THE EDGE SINGAPORE - Quoteworthy: “This can’t be another woulda, coulda, shoulda election.

SINGAPORE (July 21): Barely three months after being appointed as group CEO of Millennium & Copthorne (M&C), Clarence Tan has tendered his resignation to “spend more time with his family”.