2026-04-22 23:11:58
Three Directors Resign from City Developments' Millennium & Copthorne Hotels Amid Family Dispute
Three directors quit Millennium & Copthorne amid a Kwek family feud over control; appointed to dilute the patriarch’s influence, a boardroom clash and lawsuit followed, later dropped; operations unaffected.
Abstract: The article reports the resignation of three directors from Millennium & Copthorne Hotels, CDL’s UK subsidiary, amid a Kwek family power struggle. Appointed in 2025 to dilute patriarch Kwek Leng Beng’s influence, the boardroom clash spurred a lawsuit that was later dropped; CDL says operations remain unaffected as a strategic review proceeds with findings due by mid-2026 to restore investor confidence.