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STI up 60 points today but City Dev down 4 cents after this announcement.
You take salary from CDL not enough, still crave a direct stake in CDL's project.
In 2020, he kicked his uncle Kwek Leng Peck out of CDL because he didn't like people criticize him for losing almost $1.78 billion in China. His mummy got to rant to the press to protect him.
Now, CDL sees that making Kwek Leng Peck leave was a mistake. Kwek Leng Peck is back to CDL as Vice-President because the company needs his help.
Kwek Leng Peck runs Hong Leong Asia and the company's shares doubled in the past one year.