They are neutral parties who have kept in touch with both sides and helped broker a deal between the two men. Read more at ...

Millennium & Copthorne independent directors tell shareholders to reject offer Majority shareholder offer barely half of independent valuation Offer $2.25 vs valuation $4.40-$5.00 The independent ...

Shares of City Developments gained after billionaire Kwek Leng Beng withdrew a lawsuit against his son, keeping the status ...

Kwek Leng Beng and Sherman Kwek will remain in their roles as CDL executive chairman and group CEO respectively.

SINGAPORE - Billionaire tycoon Kwek Leng Beng will drop the lawsuit he had filed against his son Sherman Kwek and other ...

Mr Sherman Kwek says Dr Catherine Wu, who had a "long relationship" with his father Kwek Leng Beng, interfered in matters "well beyond her scope".

Kwek Leng Beng will remain as executive chairman, and his son Sherman will continue as group CEO of City Developments.

Shares in NZX-listed Millennium & Copthorne Hotels bounced 10% after the company reported improved revenue and gave an upbeat outlook for the year ahead. The company’s full-year revenue to December ...

The move signals a reconciliation between the patriarch and Sherman Kwek, with both remaining in their leadership roles at ...