rightsizing

SINGAPORE (July 21): OCBC Investment Research is maintaining its “buy” call on Keppel Corporation with a $7.36 fair value estimate even as the group on Thursday reported a 22.1% decline in profit for quarter ended June.

SINGAPORE (Jan 6): Vallianz Holdings, the offshore support vessel provider, ceased operations at its shipyard in Singapore at the end of 2016 due to “the industry slowdown and discontinuation of business with a key local customer”.