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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