The Aporia
The Aporia
CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidence. (2026, September 28). South China Morning Post. https://www.scmp.com/news/asia/southeast-asia/article/3368989/cdls-kwek-clan-looks-invest-us39b-singapore-china-japan-raise-confidence?utm_source=rss_feed
“CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidence.” South China Morning Post, 28 Sept. 2026, https://www.scmp.com/news/asia/southeast-asia/article/3368989/cdls-kwek-clan-looks-invest-us39b-singapore-china-japan-raise-confidence?utm_source=rss_feed.
“CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidence.” South China Morning Post, September 28, 2026. https://www.scmp.com/news/asia/southeast-asia/article/3368989/cdls-kwek-clan-looks-invest-us39b-singapore-china-japan-raise-confidence?utm_source=rss_feed.
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CDL, led by the Kwek family, plans to invest US$3.9 billion in Singapore, China, and Japan to boost confidence after a legal dispute between patriarch Kwek Leng Beng and his son Sherman Kwek, who is also CEO. The company aims to double its assets under management from S$5 billion to S$10 billion by 2029 through new real estate investment trusts, funds, partnerships, and joint ventures. Additionally, CDL intends to sell S$6 billion worth of assets via divestments or seeding them into managed vehicles within the same period. These moves come as investors closely watch the company's future direction following the family's internal conflict, which was resolved through a settlement earlier in the year.