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Broker's Calls
Analysts more optimistic on Keppel after glowing 1H21 results
Following the 1HFY2021 results, analysts reckon that Keppel’s bottom line could do even better ahead.
July 30, 2021
Broker's Calls
Analysts maintain 'buy' ratings for Keppel with unchanged TP despite KrisEnergy-related impairment
PhillipCapital and UOB Kay Hian have kept their 'buy' calls and target prices of $6.12 and $6.37 respectively.
June 09, 2021
Company in the news
Keppel Corp to recognise impairment loss of $318 mil in 1H21 on exposure to KrisEnergy
Keppel's carrying value of its investment in KrisEnergy totals $423 mil.
June 08, 2021
Company in the news
KrisEnergy submits petition to wind up as it is unable to pay its debts
The hearing date for the petition has yet to be fixed.
June 05, 2021
Corporate moves
Nothing boring in boardrooms with action aplenty this past AGM season
Certain active shareholders are still in the mood to engineer changes within boardrooms even in this pandemic season
May 07, 2021
Broker's Calls
Keppel Corporation divestment gains to cushion against potential impairment on KrisEnergy: CGS-CIMB
CGS-CIMB estimates Keppel Corporation will recognise $447 mil in divestment and corporate action gains in FY21.
May 05, 2021
Oil & Gas
KrisEnergy expects adverse impact on revenue due to lower production from the Apsara wells
KrisEnergy says any remedial actions have “limited potential” to increase well productivity.
April 28, 2021
Debt and defaults
KrisEnergy receives EGM requisition from shareholders questioning restructuring process
The two shareholders want to appoint a new independent adviser and maybe put forward a new restructuring proposal
April 10, 2021
Restructuring
Keppel Corp to determine 'best course of action' on KrisEnergy’s restructuring
Shares in Keppel Corp closed 2 cents lower or 0.4% down at $5.32 on March 31.
March 31, 2021
Telecommunications
Revamp of M1 aligns it with Keppel’s Vision 2030
With the revamp of M1, Keppel believes it can leverage the telco’s digital solutions and 5G network to provide enhanced solutions.
February 26, 2021