Sherman was attending the council installation ceremony of the Singapore Chinese Chamber of Commerce and Industry. Kwek, who has long held various positions in Singapore's largest Chinese business chamber, is one of the council members.
With the legal fight within the board of City Developments put behind, the company will give shareholders a proper account, according to group CEO Sherman Kwek.
"This is our responsibility," he told Chinese daily Lianhe Zaobao on March 16.
