Keppel Telecommunications & Transportation (Keppel T&T)

As at Dec 31, 2021, the book value and net tangible asset value of the sale shares stood at HK$199.4 million or $34.5 million.

Keppel and Converge will also jointly develop a branch on the Bifrost Cable System that will land in Davao, Philippines.

The facilities-based operator (FBO) licence was granted to Keppel by IMDA.

Keppel Corp is expected to gain some RMB183.5 million ($37.5 million) from the compensation of the port closure.

SINGAPORE (Jan 25): Keppel Corp has still not recovered from the offshore and marine slump. Its O&M division continued to make a loss last year.

SINGAPORE (Jan 23): Keppel Telecommunications & Transportation (Keppel T&T) saw its earnings fall 10.6% to $18.2 million for the 4Q18 ended December, from $20.4 million a year ago.

SINGAPORE (Oct 17): Keppel Telecommunications & Transportation (Keppel T&T) announced that its 3Q18 earnings have dropped by 12.3% to $11.8 million, compared to $13.5 million in 3Q17.

(Sept 26): Singapore Press Holdings (SPH) and an arm of Keppel Corp are considering making a buyout offer for M1, Singapore’s smallest wireless operator, people with knowledge of the matter said.

SINGAPORE (Sept 24): Keppel Corporation (KEP) announced that it is considering a transaction involving its indirect interest in M1, together with Singapore Press Holdings (SPH).

SINGAPORE (July 18): Keppel Telecommunications & Transportation (Keppel T&T) announced 2Q18 earnings More than doubled to $26.0 million, compared to $10.9 million in 2Q17 on higher other income.