يحاول ذهب - حر
Catherine Wu, the personal assistant to Kwek Leng Beng who acts as his 'eyes and ears'
March 02, 2025
|The Straits Times
The mood in the hotel ballroom turned awkward when Dr Catherine Wu walked in.
At a major function organised by property group City Developments Limited (CDL) in 2024 was Mrs Cecilia Kwek, wife of Mr Kwek Leng Beng, the octogenarian executive chairman of CDL with whom Dr Wu is said to have "a long relationship".
Those close to the Kweks watched uncomfortably as Dr Wu, 65, went around greeting and shaking hands with guests and dignitaries, including government officials.
Sources close to the property group tell The Sunday Times that Dr Wu started stepping up her profile in the public arena in recent years, "appearing at events where Cecilia Kwek is present too".
Dr Wu has been thrown into the spotlight this week in a high-profile boardroom tussle at CDL between the father and the elder son.
Mr Sherman Kwek, the son who is CDL's chief executive, said Dr Wu is the reason for the rift between his father and CDL's majority board of directors, including him.
Mr Kwek Leng Beng, 84, does not have full control over the Kwek family's stake in CDL. The family's privately held Hong Leong Group owns about half of CDL, with Mr Kwek Leng Beng at the helm.
The younger man stressed on Feb 27 that there was no attempt by him and the other directors to oust Mr Kwek Leng Beng, once dubbed "Kwek Land Bank" for the land parcels CDL owns across Singapore.
"The primary reason for the dispute relates to a very serious issue of corporate governance within the CDL Group arising from the conduct of one Dr Catherine Wu," he said.
هذه القصة من طبعة March 02, 2025 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
The Straits Times
MAIA WELCOMES MAIDEN KOREAN GROUP WIN ABOARD MUNHAK BOY
Ex-Kranji-based Brazilian hoop lands the Kookje Shinmun Cup
3 mins
October 28, 2025
The Straits Times
Chinese H-6K bombers fly near Taiwan ahead of Trump-Xi meet
A group of Chinese H-6K bombers recently flew near Taiwan to practise “confrontation drills”, Chinese state media reported late on Oct 26, publicising the action just a few days before the US and Chinese presidents are due to meet in South Korea.
2 mins
October 28, 2025
The Straits Times
Kohli, 36, fights an age-old battle: Talent v time
This is an old story. A story about talent, longevity and defiance. A story about how, for all the shining confidence of champions, time humbles them all. A story which starts by clarifying an untruth.
3 mins
October 28, 2025
The Straits Times
'MASSIVE WIN' MOST VALUABLE FOR ARTETA
Gunners overcome difficulty of beating Palace while on a tough stretch of games
3 mins
October 28, 2025
The Straits Times
IT'S ONE WEEKEND AT A TIME: NORRIS
Relaxed Briton to focus on himself as he leads by 1 pt from Piastri, with 4 races left
3 mins
October 28, 2025
The Straits Times
The 'sleeper issue' at the heart of Trump's trade war
How his govt decides the origin of goods could blow up laboriously negotiated deals
4 mins
October 28, 2025
The Straits Times
Not another work e-mail with exclamation marks!
It turns out there is less to worry about than you might think.
3 mins
October 28, 2025
The Straits Times
Anti-scam probe • S’pore firm sanctioned
Khoon Group, a Singapore investment holdings firm, has been sanctioned by the US Treasury’s Office of Foreign Assets Control over its links to Cambodian national Chen Zhi.
1 min
October 28, 2025
The Straits Times
Trump strikes deals on trade, critical minerals in S-E Asia
The United States signed a flurry of deals on trade and critical minerals with four Southeast Asian partners on Oct 26, looking to address trade imbalances and diversify supply chains amid tighter export curbs on rare earths by China.
2 mins
October 28, 2025
The Straits Times
S'pore, HK stand tall as prime hubs in Asia for family offices
Financial infrastructure, regulatory clarity part of cities' appeal amid geopolitical shifts
3 mins
October 28, 2025
Listen
Translate
Change font size

