
Kwek Leng Beng (L), executive chairman of City Developments Limited, and Sherman Kwek, group CEO of the company. Photo courtesy of Reuters, City Developments Limited
A feud erupted earlier this year between Singaporean billionaire Kwek Leng Beng, executive chairman of City Developments Limited, and his son, Sherman Kwek, the company’s CEO, prompting the father to file a lawsuit against him.