Sete Brasil

SINGAPORE (Sept 20): DBS Group Research says a strong uptick in rigs transactions over the past six months is pointing to a rig market recovery.

SINGAPORE (April 3): The US District Court for Columbia has dismissed claims made by EIG Management against Sembcorp Industries and Sembcorp Marine regarding EIG's investments in its troubled customer, Sete Brasil.

SINGAPORE (Feb 17): CLSA is turning positive on Keppel Corporation and Sembcorp Marine (SMM) , upgrading its former “sell” ratings on both stocks to “buy” with the respective target prices of $7.60 and $2 on the belief that Singapore’s offshore

SINGAPORE (Jan 12): RHB is keeping its “buy” call on Keppel Corp with a target price of $6.52 on the basis that its property and infrastructure arms, Keppel Land and Keppel Infrastructure, will continue to support the group’s earnings.

SINGAPORE (Oct 27): Sembcorp Marine’s disappointing 3Q16 results has led DBS to reiterate its “fully valued” rating with a lower target price of $1.15 from $1.20.

SINGAPORE (Oct 26): Sembcorp Marine’s announcement that it had sunk to a net loss of $21.8 million in 3Q while 9-month earnings of $44.5 million made up just 25% of consensus full-year earnings came as a surprise for market watchers already expecting a

SINGAPORE (Oct 25): Sembcorp Marine posted a net loss of $21.8 million for 3QFY16, compared with earnings of $32.1 million in 3QFY15.

SINGAPORE (Oct 24): Credit Suisse and Macquarie Research have rated Keppel Corporation “underperform” and “neutral” with target prices of $5.00 and $5.80 respectively as weak contribution from its offshore and marine business continues to be a dra

SINGAPORE (Oct 21): Keppel Corp’s 3Q results missed its mark, with earnings down 38% to $224 million from a year ago. This has caused mixed reactions for analysts.

SINGAPORE (Oct 3): Keppel Corp on Monday said that it has found certain transactions associated with Zwi Skornicki in Petrobas and Sete Brasil “may be suspicious” following further internal investigations.