CDL Jumps 4.6%; City Developments Board Admits to Deviating from Usual Processes to Hire Directors

MT Newswires

04-09

City Developments (SGX:C09) admitted to moving away from its usual practices to hire two new directors, Bloomberg reported Tuesday.

The development follows a struggle for power between the group's executive chairman Kwek Leng Beng and CEO Sherman Kwek that came to a head when the former moved to file a lawsuit against Sherman, the report said.

Kwek Beng had a disagreement with changes to the board and saw the move as an attempted coup, the report added.

Since then, the two have moved on from their differences, the report said.

CDL jumps 4.6% at 2:03 pm, Apr 10th.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2526806914"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2526806914\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2526806914?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-09 11:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2526806914","market":"sg","top_or_hot":-1,"title":"CDL Jumps 4.6%; City Developments Board Admits to Deviating from Usual Processes to Hire Directors","media":"MT Newswires","content":"<html><head></head><body><p>City Developments (SGX:C09) admitted to moving away from its usual practices to hire two new directors, Bloomberg reported Tuesday.</p><p>The development follows a struggle for power between the group&#39;s executive chairman Kwek Leng Beng and CEO Sherman Kwek that came to a head when the former moved to file a lawsuit against Sherman, the report said.</p><p>Kwek Beng had a disagreement with changes to the board and saw the move as an attempted coup, the report added.</p><p>Since then, the two have moved on from their differences, the report said.</p><p>CDL jumps 4.6% at 2:03 pm, Apr 10th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/835e0b2c4060f15806b0c3b8e11573b5\" tg-width=\"891\" tg-height=\"640\"/></p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CDL Jumps 4.6%; City Developments Board Admits to Deviating from Usual Processes to Hire Directors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCDL Jumps 4.6%; City Developments Board Admits to Deviating from Usual Processes to Hire Directors\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time smaller\">2025-04-09 11:20</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><head></head><body><p>City Developments (SGX:C09) admitted to moving away from its usual practices to hire two new directors, Bloomberg reported Tuesday.</p><p>The development follows a struggle for power between the group&#39;s executive chairman Kwek Leng Beng and CEO Sherman Kwek that came to a head when the former moved to file a lawsuit against Sherman, the report said.</p><p>Kwek Beng had a disagreement with changes to the board and saw the move as an attempted coup, the report added.</p><p>Since then, the two have moved on from their differences, the report said.</p><p>CDL jumps 4.6% at 2:03 pm, Apr 10th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/835e0b2c4060f15806b0c3b8e11573b5\" tg-width=\"891\" tg-height=\"640\"/></p><p></p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"C09.SI","symbol_name":"城市發展","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2526806914","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526806914","pubTimestamp":1744168831,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"City Developments  admitted to moving away from its usual practices to hire two new directors, Bloomberg reported Tuesday.The development follows a struggle for power between the group's executive chairman Kwek Leng Beng and CEO Sherman Kwek that came to a head when the former moved to file a lawsuit against Sherman, the report said.Kwek Beng had a disagreement with changes to the board and saw the move as an attempted coup, the report added.Since then, the two have moved on from their differences, the report said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"C09.SI":"城市发展","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","BK6098":"多样化房地产活动","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","BK6512":"房地产股"},"translate_title":"CDL上涨4.6%；城市发展委员会承认偏离了通常的董事聘用流程","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C09.SI":1},"content_text":"City Developments (SGX:C09) admitted to moving away from its usual practices to hire two new directors, Bloomberg reported Tuesday.The development follows a struggle for power between the group's executive chairman Kwek Leng Beng and CEO Sherman Kwek that came to a head when the former moved to file a lawsuit against Sherman, the report said.Kwek Beng had a disagreement with changes to the board and saw the move as an attempted coup, the report added.Since then, the two have moved on from their differences, the report said.CDL jumps 4.6% at 2:03 pm, Apr 10th.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}