CNA938 Rewind - Open for Business - What’s next for CDL after Kwek Leng Beng drops legal action against son Sherman

14 Mar 2025 09:45AM
14 mins
Billionaire tycoon Kwek Leng Beng is dropping the lawsuit filed against his son Sherman Kwek and other directors of City Developments Limited (CDL). Shares of CDL jumped more than 4% following the announcement. Andrea Heng and Hairianto Diman speak with Victor Lai, Principal Consultant at Citadelcorp to find out the potential next moves for the company, and how the saga will shape its future.