In response, Kwek Leng Beng initiated legal proceedings to remove his son from the CEO position, emphasizing the need to uphold corporate integrity. This internal strife led to a temporary suspension of CDL's stock trading, with shares closing at S$5.12 prior to the halt. Upon resumption, the stock experienced a decline, closing at S$4.94, reflecting investor apprehension over the company's stability. The Securities Investors Association has also expressed concern, particularly regarding the role of Catherine Wu, an adviser whose influence has been questioned amid the dispute. SIAS has called for transparency from CDL to address shareholder concerns and clarify the company's strategic direction. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com.