Kwek Leng Beng, Chairman of Singapore's biggest listed property company City Developments, has accused his son Sherman Kwek, who is the CEO, of attempting a boardroom coup. Beng on Tuesday filed a lawsuit to oust Sherman. Beng said he tried to fire Sherman earlier this month due to "serious lapses of corporate governance" but was outvoted.
short by
Mansi Agarwal /
05:15 pm on
26 Feb