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Chairman of Singapore’s Largest Listed Property Development Sues Own Son Alleging Corporate Coup

The chairman of Singapore’s largest listed real estate developer, City Development Limited (CDL), is suing his son, who is the chief executive officer of CDL, over an attempted “coup.”

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Leng Beng Kwek (Leng Beng), 84, has filed court papers in Singapore’s High Court accusing his son, Sherman Kwek (Sherman), and six CDL board members of trying to take over control of CDL.

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