Temasek

Analysts positive on Keppel Corp following clearer roadmap for Vision 2030 - THE EDGE SINGAPORE

Broker's Calls

Analysts positive on Keppel Corp following clearer roadmap for Vision 2030

As at 4.52pm, shares in Keppel Corp are trading 15 cents higher, or 3.5% up at $4.45.

Company in the news

Temasek, Bayer form joint vertical farming venture in California

Temasek Holdings is partnering German multinational pharmaceutical and life sciences company Bayer AG to create a new vertical farming venture headquartered in California.

Infrastructure

Keppel investors flee stocks, bonds after failed Temasek deal

Shares of Keppel Corp. sank the most since November 2008 after a unit of Singapore state-backed investor Temasek Holdings scrapped its bid to take control of the oil-rig builder.

Offshore & Marine

Pre-conditions for Temasek’s partial offer for Keppel Corp not satisfied

On Aug 1, Keppel Corp announced that Temasek Holdings will disclose as soon as it makes a decision, and no later than Aug 31, if the latter intends to invoke the material adverse change (MAC) clause in its partial pre-conditional offer for Keppel Corp at

Results

Impairment of $930 million causes $537 million net loss for Keppel Corp in 1H2020, calls into question Temasek’s partial offer

Keppel Corp reported a net loss of $537 million for 1H2020, reversing a net profit in 1H2019 of $356 million. The loss was caused by $930 million of impairments mainly related to Keppel Offshore & Marine’s (Keppel O&M) stranded assets, receivables, stoc

Blockchain

MAS and Temasek conclude fifth and final phase of Project Ubin

Expect a gradual rollout of blockchain solutions for the fintech sector in the near future.

Property

KKR, Temasek takes 6% stake in Vinhomes for US$650 mil

Vinhomes, listed on the Ho Chi Minh Stock Exchange, has a real estate portfolio across residential, commercial and industrial sectors.

Startups, Entrepreneurs, Digital economy

Quest Ventures taps two sovereign wealth funds to help back regional start-ups

Quest Ventures taps two sovereign wealth funds to help back regional start-ups

Covid-19 Resilience Budget

Temasek to lead $15 billion rescue of SIA

The flag carrier plans to offer all shareholders the chance to subscribe for $5.3 billion in new shares. Shareholders who hold two existing SIA shares are entitled to subscribe to three new SIA shares at $3 each. 

Funds

Singapore nudges Temasek, GIC to see what more they can disclose

Income from national reserves and investments managed by GIC, Temasek and the Monetary Authority of Singapore is one of the largest contributors to government revenue.
×