CDL’s Kwek Leng Beng seeks to fire son Sherman Kwek as CEO over ‘attempted coup’

[winners]

When it is over money and power, it is very normal for the Chinese race to do this. Nothing new.

 

[Narong Wongwan]

The problem with having an "Ah Sia Kia" as CEO is that he didn't earn his position based on his ability, but due to his privileged position as the boss' son.

This is Asian weakness
Always wanting to pass down a dynasty even to idiot sons. That’s why most Asian businesses can f last or make it global.

 

[Narong Wongwan]

Smlj! U think that old guy work his way up from scratch? Old kwek also Ah sia kia !

Old guy is emotional and proud, already got swindled off a billion in China.

Yes the father himself wasn’t great just auto pilot what he inherited.

 

[zeebjii]

Smlj! U think that old guy work his way up from scratch? Old kwek also Ah sia kia !

Old guy is emotional and proud, already got swindled off a billion in China.

In an interview a few years ago, the ingrate criticized his own father's way of teaching him business saying he'd never do the same to his own son. Turns out he's wrong and his wise daddy was right. But of course, his inflated ego would think that most if of not all his achievements is down to his own ability.

 

[zeebjii]

This is Asian weakness
Always wanting to pass down a dynasty even to idiot sons. That’s why most Asian businesses can f last or make it global.

It's the same everywhere, even in angmo countries. Rupert murdoch also passed his business to his useless sons. The richest families in USA are Walton (Walmart) and Mars. They still control the family empires. These are just examples from memory. Im sure i can find more examples if use google/AI.

Update: AI result

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Alexandre Arnault, the son of LVMH CEO Bernard Arnault, is considered a possible successor to his father. Arnault is the oldest son of Bernard Arnault from his second marriage.

 

[Eisenhut]

In an interview a few years ago, the ingrate criticized his own father's way of teaching him business saying he'd never do the same to his own son. Turns out he's wrong and his wise daddy was right. But of course, his inflated ego would think that most if of not all his achievements is down to his own ability.

Cannot say lidat. Moi also think moi ish better than moi old man, moi is evolution gift to family tree, hokay!!!

 

[oliverlee]

No need look far, look at governing Sg....Can also find nepotism.

that's oligarchy

 

[jsctan]

that's oligarchy

Check wives, relatives in various governing bodies... Especially tamasick....etc

 

[rotiprata]

many low class sinkies mus b

 

[birdie69]

This is Asian weakness
Always wanting to pass down a dynasty even to idiot sons. That’s why most Asian businesses can f last or make it global.

富不过三代！

 

[True Believer]

This is Asian weakness Always wanting to pass down a dynasty even to idiot sons. That’s why most Asian businesses can f last or make it global.

Family businesses seldom last 3 generations because the successors are "post turtles". When you see a turtle perched high on a fence post, you know he didn't get up there on his own, he does not know what to do after he is elevated to position, he is confused and then you conclude that some idiot must have placed him up there. LOL!

 

[syed putra]

Son was probably seduced by ATB vixen spy.

More likely other partners prodded him so they can run the company instead.

 

[syed putra]

Smlj! U think that old guy work his way up from scratch? Old kwek also Ah sia kia !

Old guy is emotional and proud, already got swindled off a billion in China.

Old man should retire in yunnan where climate is cooler and get two or three young vixens to take care of him.with a agreement, when he dies, all three become millionaires.

 

[True Believer]

More likely other partners prodded him so they can run the company instead.

Sherman may be a pawn in a chess game, but his father placed him up there as CEO of City Developments Ltd in the 1st place.

 

[True Believer]

Old man should retire in yunnan where climate is cooler and get two or three young vixens to take care of him.with a agreement, when he dies, all three become millionaires.

Sherman may have been instigated by the Board to put his ageing dad out to pasture.

 

[True Believer]

No need look far, look at governing Sg....Can also find nepotism.

The MIW practice both nepotism and cronyism. Why would they share the spoils of plundering with outsiders?

 

[jsctan]

The MIW practice both nepotism and cronyism. Why would they share the spoils of plundering with outsiders?

Why is the soils theirs to share? It belongs to all Sinkies. They are just elected to allocate fairly. Narrow the gap not widen.

 

[True Believer]

Why is the soils theirs to share? It belongs to all Sinkies. They are just elected to allocate fairly. Narrow the gap not widen.

Leaders who decide their own pay, will likely also decide who gets the bonuses.

 

[Narong Wongwan]

Old man should retire in yunnan where climate is cooler and get two or three young vixens to take care of him.with an agreement, when he dies, all three become millionaires.

Not sure if the next gen offsprings are as teeko as the first gen teekos like Hong Png and Hong Lye

 

[eatshitndie]

sounds like a tiongcock costume palace drama where emperor fights clown prince who stages a coup with his corrupt retainers. in the end emperor survives and recalls 6.9th prince from desert province to becum new clown prince. but he returns with a foreign princess as wife….. and drama stretches for 69 episodes.