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Keppel completes divestment of Keppel China Marina Holdings for $289 mil gain
SINGAPORE (Apr 4): Keppel Corporation says wholly-owned subsidiary, Keppel Land China, has completed the divestment of 100% stake in Keppel China Marina Holdings (KCMH) to Delight Prime for RMB 2.9 billion ($597.1 million).
April 04, 2018
Broker's Calls
Keppel kept at 'add' on divestment gain from Keppel Cove in Zhongshan to boost 1Q18 earnings
SINGAPORE (Apr 3): CIMB is maintaining Keppel Corp at "add" with unchanged target price of $10.00 on recognition of $270 million in divestment gain for 1Q18.
April 03, 2018
Keppel says won't be able to complete disputed divestment of Keppel China Marina Holdings, yet
SINGAPORE (Dec 26): Keppel Corporation says Keppel Land China (KLC) will not be able to complete the divestment of Keppel China Marina Holdings (KCMH) -- at least for the moment.
December 26, 2017
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).
October 26, 2017