CDL Earnings News Conference
Kwek Leng Beng, chairman of City Developments Ltd., right, and Sherman Kwek, chief executive officer, during a news conference in Singapore, on Wednesday, Aug. 13, 2025. CDL, the Singapore developer controlled by the city-state's richest clan, reported a small increase in profit in the first half of the year, a period overshadowed by a damaging family feud. Photographer: Nicky Loh/Bloomberg via Getty Images

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August 13, 2025
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SINGAPORE CDL
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