Keppel Corporation (Keppel)

Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil - THE EDGE SINGAPORE

M&A

Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil

Keppel expects to acquire the remaining 50% stake in Aermont in 2028.

Sustainability

Keppel, HSBC sign MOU to collaborate on urban sustainability solutions for Greater Bay Area and Asia

Keppel is currently supporting Hong Kong with its first integrated waste management facility (IWMF) for municipal solid waste.
DBS lowers STI target to 3,450; looks towards turnaround in 2H2023 - THE EDGE SINGAPORE

Singapore economy

DBS lowers STI target to 3,450; looks towards turnaround in 2H2023

Analysts Yeo Kee Yan and Foo Fang Boon have turned “neutral” on Singapore from their earlier “positive” rating.
Keppel reaches consensual transaction for Floatel restructuring, to complete by March 24 - THE EDGE SINGAPORE

Restructuring

Keppel reaches consensual transaction for Floatel restructuring, to complete by March 24

Floatel has taken on a new credit facility of US$100 million from Temasek company Clifford Capital.
Keppel O&M delivers second LNG carrier to Avenir LNG - THE EDGE SINGAPORE

Offshore & Marine

Keppel O&M delivers second LNG carrier to Avenir LNG

The carrier has a capacity of 7,500 cubic meters and will be used to deliver LNG in Brazil.

Contracts

Keppel wins integration and upgrading contracts worth up to $160 mil

SINGAPORE (Apr 17): Keppel Offshore & Marine (Keppel O&M) has secured integration and upgrading contracts worth a combined value of about $160 million through its wholly-owned subsidiaries.

M&A

Konnectivity owns 94.55% in M1 at close of offer; will go ahead to compulsorily acquire all other shares and delist telco

SINGAPORE (Mar 19): Konnectivity, the offer vehicle jointly owned by Keppel Corporation and Singapore Press Holdings (SPH), and its concert parties have gained a 94.55% stake in M1 at the close of the voluntary unconditional general offer.

Results

Divided opinion on Keppel shows performance at key inflexion point

SINGAPORE (Oct 19): Keppel Corporation last night reported a 19.9% drop in 3Q18 revenue to $1.3 billion and a 14.9% drop in earnings to $225.7 million.

Results

Keppel reports 15% lower 3Q earnings of $226 mil on lower contributions from investments and property divisions

SINGAPORE (Oct 18): Keppel Corporation reported 3Q18 earnings ended Sept of $226 million, 15% lower than the $265 million for 3Q17. This brings 9M18 earnings to $809 million, 18% higher than the $688 million achieved a year ago.
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