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CDL's near-term performance depends on Kweks resolving differences amicably

The company's annual report shows that as at May 15, entities controlled by the Kwek family own 48.55 per cent of CDL.

IT HAS been almost a month since City Developments (CDL) stunned corporate circles with the announcement that its long-standing director Kwek Leng Peck had resigned.

Mr Kwek has, among other things, been against CDL's investment in Sincere Property Group, a privately-held Chinese property...

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