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CDL Shares Tumble Amidst Kwek Family Boardroom Battle
Shares of City Developments Ltd. (CDL) fell 2.9% on Monday after a three-day trading halt caused by a public dispute between chairman Kwek Leng Beng and CEO Sherman Kwek over the company's control, impacting investor confidence and highlighting corporate governance issues.
CDL Shares Tumble Amidst Kwek Family Boardroom Battle
Shares of City Developments Ltd. (CDL) fell 2.9% on Monday after a three-day trading halt caused by a public dispute between chairman Kwek Leng Beng and CEO Sherman Kwek over the company's control, impacting investor confidence and highlighting corporate governance issues.
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