Kwek Leng Beng was re-elected as executive chairman of City Developments Ltd. in 2007 and has been in key leadership positions for more than 50 years.
Photographer: Nicky Loh/BloombergSingapore’s Richest Family Clashes Over China Property Expansion
The unity of the clan behind one of the most influential conglomerates broke when a family member quit CDL’s board
For decades, Singapore’s Kwek dynasty avoided family drama as it built Hong Leong Group into one of the world’s most influential conglomerates.
But now a rare moment of public discord is fueling concerns that the close-knit clan will become distracted at a critical time for its sprawling empire.