15-07-2025
Singapore CDL's Longtime Director to Depart After Boardroom Feud
Longtime City Developments Ltd. director Philip Yeo is leaving the Singapore property giant's board, after a recent feud rocked the billionaire Kwek clan that controls it and caused a rift in its boardroom.
Yeo, a former top civil servant who has been on CDL's board for 16 years, has given notice of his retirement and his last day will be July 31, according to a stock-exchange filing on Tuesday.