Market watchers suggest ..... could play a pivotal role in restructuring CDL, given that Davos Investment Holdings is CDL’s largest shareholder with 33.6% ownership. If a divide arises between Kwek Leng Beng and Sherman Kwek, both of whom own shares in Kwek Holdings, Davos could move to consolidate its position, potentially seeking a controlling stake of 50%. Analysts estimate that an additional $10.8 billion would be required to secure control, with a 20% control premium pushing the cost to $12.9 billion.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.