Directors Quit Hotel Unit at Center of Singapore Billionaire Kwek Feud
Kwek Leng Beng, chairman of City Developments Ltd., right, and Sherman Kwek, during a news conference in Singapore, in 2025.
Photographer: Nicky Loh/BloombergThree directors have abruptly resigned from a hotel subsidiary controlled by one of Singapore’s wealthiest families, the latest twist in a corporate shakeup triggered by an internal feud.
City Developments Ltd. said in a filing that Jennifer Duong Young, Daniel Desbaillets and Wong Ai Ai resigned as directors of its UK-incorporated unit, Millennium & Copthorne Hotels Ltd.