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Keppel Land
Broker's Calls
Keppel DC REIT’s acquisition to power earnings going forward
SINGAPORE (Nov 29): DBS Vickers Securities is maintaining its “buy” call on Keppel DC REIT with a revised target price of $1.33, after rolling forward valuations and pricing in the recently-announced acquisition of Keppel DC Singapore 3 (KDC SG 3), a
November 29, 2016
Broker's Calls
What’s the attraction with Keppel DC REIT?
SINGAPORE (Oct 18): Keppel DC REIT (KDC REIT) remains attractive after reporting its 3Q16 results on Monday, with both OCBC Research and CIMB maintaining their “buy” calls with target prices of $1.35 and $1.33 respectively.
October 18, 2016
Keppel Land China divests stakes in Chengdu township project for $30.8 mil
SINGAPORE (Oct 17): Keppel Land has through its two associated companies, CityOne Township Development and Quivivet, and their JV partner, entered into an agreement to divest their stakes in Chengdu Century Development Co. (CCDC) to Sichuan Zhong Tie Wen
October 17, 2016
Keppel Land to power office with solar energy; may extend to other properties
SINGAPORE (Oct 10): Keppel Land has begun purchasing solar energy from Keppel Electric, a subsidiary of Keppel Infrastructure, to power its office at Bugis Junction.
October 10, 2016
Keppel to divest 100% stake in Wiseland Investment for $55.4 mil
SINGAPORE (Oct 5): Keppel Corp's property arm, Keppel Land, will be divesting its 100% stake in investment holding company Wiseland Investment for a total consideration of US$41 million ($55.35 million) to Eden Hotels and Resort, a hospitality group i
October 05, 2016
Keppel Land China acquiring new mall in Shanghai for $102 mil
SINGAPORE (Sept 29): Keppel Land China is acquiring a new mall in Jiading District, Shanghai, for about $102 million.
September 29, 2016
Keppel Land raises stake in Vietnam property group
Singapore (Sept 27): Keppel Corp’s property subsidiary, Keppel Land has increased its stake in Quoc Loc Phat Joint Stock Company (QLP), a real-estate company in Vietnam, to 45% from 20% for about $25.6 million in cash.
September 27, 2016
Broker's Calls
Keppel T&T rides Big Data, cloud computing rise
SINGAPORE (Sept 21): UOB Kay Hian has initiated coverage for Keppel Telecommunications and Transportation (Keppel T&T) with a “buy” recommendation and a target price of $2.28
September 21, 2016
Keppel Land in JV to develop Phase 2 of Junction City in Yangon
SINGAPORE (Sept 7): Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Shwe Taung Group to develop premium serviced residences and offices in the second phase of Junction City in Yangon, Myanma
September 07, 2016
Broker's Calls
Keppel banks on multi-disciplinary business to ride downturn
SINGAPORE (Sept 5): Daiwa Capital Markets is maintaining its “hold” recommendation for Keppel Corporation as the group embarks on a multi-business strategy to tide over the oil & gas downturn.
September 05, 2016