<p>Sherman Kwek said he and the majority of CDL's board were disappointed by what he described as extreme actions taken by his father "regarding this disagreement around the size and make-up of the CDL board."</p><p>“To reiterate, this has never been about ousting our esteemed chairman. These steps to strengthen our board have purely been to ensure CDL has the highest standards of governance to which it has become known," he said in a statement to the BBC.</p><p>Kwek Leng Beng, along with his father and brother, took control of then-loss-making CDL in 1971. He became the firm's executive chairman after his father's death in 1995.<img src="https://caferoute66.com/dovehouse/public/uploads/ckeditor/1740738032_istockphoto-1437931505-612x612.jpg"></p>