Edition:
United Kingdom

Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

7.53SGD
15 Dec 2017
Change (% chg)

$-0.08 (-1.05%)
Prev Close
$7.61
Open
$7.59
Day's High
$7.60
Day's Low
$7.53
Volume
3,624,200
Avg. Vol
3,883,568
52-wk High
$7.83
52-wk Low
$5.73

Latest Key Developments (Source: Significant Developments)

Keppel Corp says Keppel Offshore & Marine Through Units‍ Gets Projects Worth S$130 Mln
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Keppel Corporation Ltd ::KEPPEL OFFSHORE & MARINE THROUGH UNITS‍ GETS PROJECTS FROM PETROBRAS AND SOFEC INC RESPECTIVELY .KEPPEL SECURES S$130 MILLION IN PROJECTS FROM REPEAT CUSTOMERS.  Full Article

Keppel Corp says Keppel Seghers & Zhen Hua Awarded Waste Management Facility Contract
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Keppel Corporation Limited ::KEPPEL SEGHERS & ZHEN HUA AWARDED HKD31B CONTRACT FOR HK'S 1ST INTEGRATED WASTE MANAGEMENT FACILITY.‍TRANSACTIONS NOT EXPECTED TO HAVE SIGNIFICANT IMPACT ON KEPPEL CORP'S EARNINGS PER SHARE FOR CURRENT FY ​.KEPPEL INFRASTRUCTURE AND CHINA HARBOUR ENGINEERING SECURED INTEGRATED WASTE MANAGEMENT FACILITY PROJECT IN HONG KONG.‍CONTRACT FOR S$5.3 BILLION​.  Full Article

Keppel Corporation says Keppel Land increased investment in Krystal Investments
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Keppel Corporation Ltd ::Keppel Land, through unit, increased investment in Krystal Investments by acquiring 49 percent stake from Vassalerie Investment Corp.Deal for US$24.3 million.  Full Article

Keppel Corp's units enter into conditional JV deal with KPN Land to buy 2 sites in Bangkok
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Keppel Corporation Ltd ::Units Valicour & Topalle entered into a conditional joint venture deal with KPN Land Co to buy 2 sites in Bangkok.Deal ‍to acquire two prime sites in Bangkok's central business district from KPN Land and other existing landowners for about S$90 million​.Keppel Land will hold 49 percent stake in condominium projects, with KPN Land holding 51 percent stake​.Deal not expected to have material impact on earnings per share of co for current FY​.  Full Article

Keppel Corp says unit divests stake in West Bali site
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Keppel Corporation Limited ::Keppel Land divests stake in west Bali site.‍Keppel Land expects to record net divestment gain of about s$17.6 million from transactions by end-Dec 2017​.Deal not expected to have material impact on earnings per share of co for current FY.  Full Article

Keppel Corporation updates on legal proceedings
Monday, 20 Nov 2017 

Nov 21 (Reuters) - Keppel Corporation Ltd :‍Updates on writ of summons filed by Sunsea Yacht Club (Hong Kong) Co Ltd in high court of republic of Singapore ​.At hearing of summons for interim relief, no interim injunction was ordered and court ordered that affidavits be filed​.‍Hearing of summons for interim relief is likely to be in later part of week commencing 4 December 2017​.Keppel Land China Limited and Keppel China Marina Holdings Pte Ltd on 20 Nov served as co-defendants in writ of summons filed by SYCHK​.Refers to ‍keppel Land China Ltd's divestment of 100 percent stake in Keppel China Marina Holdings to Delight Prime ​ltd.Reliefs claimed by SYCHK in suit are essentially to, amongst others, restrain both KLCL and KCMH from completing divestment​.  Full Article

Keppel Corporation Limited announces divestment of entire interest in Kepwealth Property Phils
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Keppel Corporation Limited :Divestment Of Entire Interest In Kepwealth Property Phils., Inc.‍Divested 34 million shares of Kepwealth Property Phils., Inc to Euro Capital Land, Inc for 793.6 million pesos.Transaction not expected to have any material impact on earnings per share of kcl for current financial year​.  Full Article

Keppel Corp to divest stake in Keppel China Marina Holdings
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Keppel Corporation Ltd :Unit‍ to divest its 100% stake in Keppel China Marina Holdings Pte Ltd to Delight Prime Limited​.‍Total consideration for divestment is approximately RMB2,900 million​.Group expects to recognise a gain of approximately S$290 million from divestment.​.  Full Article

Keppel Corporation unit ‍enters into subscription agreement with Keppel-KBS US Reit Management
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Keppel Corporation Ltd :Unit ‍entered into a subscription agreement with Keppel-KBS US Reit Management ​.Subscription for KCIH units is not expected to have any material impact on EPS or net tangible assets per share of KCL for current FY​.Unit ‍to subscribe for 59.7 million units in Keppel-KBS US Reit at a price per KCIH unit equal to US$0.88​.  Full Article

Keppel Corp says Keppel O&M's headcount at about 16,000
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Keppel Corporation Ltd ::‍"There appears to be growing optimism on a nascent recovery in offshore market​".Keppel O&M's headcount now stands at about 16,000, compared to more than 36,000 at start of 2015​."Keppel O&M has secured contracts of slightly more than S$1 billion, year to date"​.‍"Keppel land has made divestments totalling s$400 million this year"​.Expects profit from some 6,330 units of overseas homes sold to be recognised upon completion from 4Q 2017 through to 2019​.  Full Article

SE Asia Stocks-Most gain; Trump's Asia trip boosts prospects of better U.S. ties

By Karthika Suresh Namboothiri Nov 13 Most Southeast Asian stock markets firmed on Monday, with Vietnam hitting a fresh near-decade high, as U.S. President Donald Trump's ongoing Asia tour boosted prospects of better ties between Washington and the region. During a bilateral visit to Vietnam, Trump offered to mediate in the dispute over the South China Sea, where four Southeast Asian countries and Taiwan contest China's sweeping claims to the busy waterway. "The South