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Keppel Group

Keppel DC REIT’s proposed investment in M1 SPV will provide good stable returns: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Keppel DC REIT’s proposed investment in M1 SPV will provide good stable returns: CGS-CIMB

CGS-CIMB says the investment will yield the REIT an estimated average return of 6% p.a.
Keppel DC REIT to invest $87 mil in M1's network assets    - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Keppel DC REIT to invest $87 mil in M1's network assets

The REIT will invest in an SPV that will own and operate M1's current mobile, fixed and fibre assets.

Global Economy

Central banks turn dovish as IMF urges to 'do no harm'

SINGAPORE (Apr 15): Major central banks around the world have maintained a dovish stance, in line with a softer growth outlook by the International Monetary Fund.

Tech

Keppel to develop first autonomous tug for Singapore waters

SINGAPORE (Apr 9): Keppel Singmarine, a subsidiary of Keppel Offshore & Marine (Keppel O&M) which is part of the Keppel Group, is set to develop Singapore's first autonomous tug.

Property

Keppel Data Centres and Alpha DC Fund to build maiden greenfield centre in Malaysia

SINGAPORE (Nov 26): Alpha Data Centre Fund (Alpha DC Fund) and Keppel Data Centres Holding have agreed to develop a high-availability build-to-suit (BTS) data centre in an industrial park in Johor, Malaysia.

Property

Keppel and Salim Group to jointly develop and operate data centre in Indonesia

SINGAPORE (Sept 10): The Salim Group and the Keppel Group have teamed up to develop and operate a data centre in Indonesia.

Property

Keppel Land buys Wuxi site for $517 mil for residential development

SINGAPORE (Dec 25): Keppel Land has acquired a prime piece of land in the city of Wuxi, in southern Jiangsu province in China, to develop residential properties.

Property

Keppel Land China sells stake in Keppel Cove in Zhongshan for $597.4 mil

SINGAPORE (Oct 26): Keppel Land China has entered into an agreement to divest its 100% stake in Keppel China Marina Holdings (KCMH) to Delight Prime for a total consideration of RMB 2.9 billion ($597.4 million).

Results

Keppel posts 30% rise in 3Q earnings to $292 mil; announces new urban solutions unit

SINGAPORE (Oct 19): Keppel Corporation has announced earnings of $291.8 million for the 3Q17 ended Sept, up 30% from $224.5 million in 3Q16.

Canada Pension Plan co-invests US$350 million in Keppel’s Alpha Data Centre Fund

SINGAPORE (Oct 12): Canada Pension Plan Investment Board (CPPIB) is partnering Alpha Investment Partners and Keppel Data Centres Holdings to invest an initial US$350 million ($474 million) in the Alpha Data Centre Fund (ADCF), with the option to invest an
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