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Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

6.28SGD
13 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Keppel Corp Says Keppel Land China Formed JV With Gemdale To Develop Residential Site In Nanjing
Thursday, 20 Sep 2018 

Sept 20 (Reuters) - Keppel Corporation Ltd ::KEPPEL LAND CHINA LIMITED HAS FORMED A JOINT VENTURE WITH GEMDALE (GROUP) TO JOINTLY DEVELOP AN 8.8-HA PRIME RESIDENTIAL SITE IN NANJING.KEPPEL LAND CHINA HAS ENTERED INTO A SHARE PURCHASE AGREEMENT WITH GEMDALE CORP TO ACQUIRE ALL SHARES IN ETERNAL COMMERCIAL.ESTIMATED TOTAL DEVELOPMENT COST FOR PROJECT IS EXPECTED TO BE IN EXCESS OF RMB5,200 MILLION.DEAL FOR RMB1.41 BILLION.  Full Article

Keppel Corp Announces Acquisition Of Property In Shanghai
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Keppel Corporation Ltd ::ALPHA AND ALLIANZ IN JV TO ACQUIRE PROPERTY IN BAY VALLEY BUSINESS PARK IN SHANGHAI.DEAL FOR INVESTMENT CONSIDERATION OF ABOUT US$48 MILLION.  Full Article

Keppel Corporation Says Unit To Sell 55.1 Mln Units In Keppel DC REIT
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Keppel Corporation Ltd ::KEPPEL CORPORATION LIMITED (SALE OF 55,118,336 UNITS IN KEPPEL DC REIT).DEAL FOR AT LEAST S$1.36 PER SALE UNIT.COMPLETION OF SALE IS EXPECTED TO TAKE PLACE ON 5 SEPTEMBER 2018.DEAL AT AGGREGATE CASH CONSIDERATION OF AT LEAST S$75 MILLION FOR SALE UNITS.ON COMPLETION, CO'S INDIRECT INTEREST IN KEPPEL DC REIT WILL DECREASE FROM ABOUT 29.27% TO ABOUT 25.2%.ASSUMING PRICE OF S$1.36 PER SALE UNIT, GROUP EXPECTS TO RECOGNISE A GAIN OF ABOUT S$17 MILLION FROM SALE.  Full Article

Keppel Corp Says Its Unit Secures A Contract From FueLNG
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Keppel Corporation Ltd ::KEPPEL SINGMARINE SECURED CONTRACT FROM FUELNG, A JV BETWEEN KEPPEL O&M AND SHELL EASTERN PETROLEUM (PTE).CONTRACT TO BUILD LIQUEFIED NATURAL GAS BUNKERING VESSEL VALUED AT APPROXIMATELY S$50 MILLION..CONTRACT IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON EARNINGS PER SHARE OF KEPPEL CORP FOR CURRENT FY.  Full Article

Keppel Corp Unit To Sell Shares In Aether Ltd
Sunday, 27 May 2018 

May 28 (Reuters) - Keppel Corporation Ltd ::ANNOUNCES SIGNING OF OPTION AGREEMENT FOR PROPOSED SALE OF SHARES IN AETHER LTD.UNIT KEPPEL LAND CHINA LTD ENTERED INTO AN OPTION AGREEMENT WITH CBD AETHER CENTER FOR PROPOSED SALE OF SHARES IN AETHER LTD .DEAL AT AN OPTION PRICE OF ABOUT US$94.1 MILLION.COMPANY EXPECTS TO RECOGNISE A GAIN OF ABOUT S$114 MILLION FROM PROPOSED DIVESTMENT.  Full Article

Keppel Corporation Responds To SGX Query On Contracts Secured From Van Oord
Wednesday, 23 May 2018 

May 23 (Reuters) - Keppel Corporation Ltd ::RESPONDS TO SGX QUERY ON CONTRACTS SECURED FROM VAN OORD.VALUE OF CONTRACTS ENTERED BY KEPPEL SINGMARINE WITH VAN OORD TO BUILD TWO DUAL-FUEL POWERED TSHDS IS ABOUT S$212 MILLION.  Full Article

Keppel Corp Announces Sale Of Interest In Keppel Bay Property Development(Shenyang)
Monday, 7 May 2018 

May 7 (Reuters) - Keppel Corporation Ltd ::ANNOUNCES SALE OF INTEREST IN SUBSIDIARY KEPPEL BAY PROPERTY DEVELOPMENT (SHENYANG) CO. LTD.TOTAL CONSIDERATION FOR DIVESTMENT IS APPROXIMATELY RMB 503 MILLION.COMPLETION OF DIVESTMENT IS EXPECTED TO TAKE PLACE BY JUNE 2018.COMPANY EXPECTS TO RECOGNISE A GAIN OF APPROXIMATELY S$31 MILLION FROM DIVESTMENT.DA DI INVESTMENT & SHANGHAI MERRYFIELD LAND ENTER AGREEMENT TO DIVEST 80% AND 20% STAKE IN KEPPEL BAY PROPERTY DEVELOPMENT (SHENYANG) CO.  Full Article

Keppel Corporation Unit Secures Contract With Mitsui & Co (Asia Pacific) Pte Ltd
Monday, 9 Apr 2018 

April 9 (Reuters) - Keppel Corporation Ltd ::UNIT SECURED A CONTRACT WITH MITSUI & CO (ASIA PACIFIC) PTE LTD (MITSUI AP) TO BUILD DUAL-FUEL BUNKER TANKER.  Full Article

Keppel Corporation Says Krisenergy To Appoint Co As Preferred Contractor For Certain Works
Monday, 9 Apr 2018 

April 9 (Reuters) - Keppel Corporation ::KEPPEL SIGNS COOPERATION AGREEMENT WITH KRISENERGY.KRISENERGY TO APPOINT KCL AND/OR ITS AFFILIATES AS PREFERRED CONTRACTOR FOR ANY WORK RELATED TO CERTAIN PRODUCTS AND SERVICES.  Full Article

Keppel Corp And Titan Agree To Terminate Management Services Agreement
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Keppel Corporation Ltd ::FELS OFFSHORE, TITAN PETROCHEMICALS AND TITAN QUANZHOU SHIPYARD TO TERMINATE DEAL TO MANAGE TQS SHIPYARD.DUE TO DOWNTURN IN OFFSHORE & MARINE BUSINESS, FELS OFFSHORE HASN'T COMMENCED PROVISION OF MANAGEMENT SERVICES.Source text for Eikon: nSNZ4jS2KK.  Full Article

SE Asia Stocks-Fall on Fed rate hike view; Indonesia snaps 8 days of gains

* Indonesia top loser with 1.7 pct drop * All markets close lower for the week By Nikhil Subba Nov 9 Southeast Asian stock markets fell on Friday and wiped out gains made in a post-U.S. midterm election rally on rising chances of a U.S. Fed rate hike in December, with Indonesia losing the most. The U.S. Federal Reserve held rates steady on Thursday but remained on track to continue gradually raising borrowing costs, pointing to healthy economic prospects that we