by Amruth Sundarkumar | Aug 2, 2021 | Singapore Dollar Bonds
Keppel Corporation Limited (Keppel), through its wholly-owned subsidiary Keppel Pegasus Pte Ltd, has offered to acquire all shares of Singapore Press Holdings (SPH) post restructuring of its media business in a deal worth S$3.4bn ($2.5bn). The deal which is aligned...
by Amruth Sundarkumar | Jul 30, 2021 | Singapore Dollar Bonds
Keppel Corp reported profits of S$300mn ($222mn) for 1H2021, reversing net losses of -S$537mn ($397mn) during the same period last year that was impacted by S$930mn ($687mn) of impairments in its O&M business. All of its key business units reported a better...
by Amruth Sundarkumar | Jul 2, 2021 | Singapore Dollar Bonds
Singapore’s Keppel REIT has executed a contract to sell 50% of its stake in a property in Brisbane, Australia to Charter Hall Prime Office Fund for a consideration of A$275mn ($205.3mn). The sale for an adjusted consideration of A$264mn ($197mn) is 7.8% above...
by Amruth Sundarkumar | Jun 25, 2021 | Singapore Dollar Bonds
Singapore’s Keppel Corporation Limited (Keppel) and Sembcorp Marine Ltd (Sembcorp) have entered a non-binding memorandum of understanding (MoU) to combine Keppel Offshore and Marine (O&M) and Sembcorp Marine in a 50-50 Joint Venture which would give rise to...
by Amruth Sundarkumar | Jun 8, 2021 | Singapore Dollar Bonds
Keppel Corporation said that it will recognize a loss of S$318mn ($240mn) on account of its exposure to KrisEnergy in its 1H2021 financials. The update comes after KrisEnergy filed for liquidation and winding-up its business after an informal meeting with stakeholders...
