Billionaire Kwek Leng Beng's CDL Voices Concerns Over Unconventional Board Changes

In a significant development for City Developments Limited (CDL), billionaire executive chairman Kwek Leng Beng has publicly criticized recent shifts in the company's board composition, claiming that these changes deviate from standard governance practices and could pose challenges for the firm’s strategic direction. This announcement comes at a crucial juncture as the company navigates through a highly competitive real estate market.

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Oasis Management Secures Investor Support for Transformative Board Changes at Kao Corp

Oasis Management Company, a prominent investment firm, announced a significant breakthrough in its campaign to restructure the board of directors at Kao Corporation, a major player in the consumer goods and personal care industry. The firm has reported that it has garnered considerable backing from key investors who are in favor of its proposed changes, aimed at revitalizing Kao's operational strategies and enhancing shareholder value.

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