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Tensions Loom At Billionaire Kwek Family’s CDL As Sparks Fly At Shareholders’ Meeting

Last month, billionaire Kwek Leng Beng, 84, the company’s executive chairman, said board directors have agreed to move on and set aside their differences after he withdrew a court case he filed against his son, Sherman, 49, group CEO. But the shareholders meeting on Wednesday showed the board remains divided.

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