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Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

7.15SGD
25 Jun 2018
Change (% chg)

$0.10 (+1.42%)
Prev Close
$7.05
Open
$7.12
Day's High
$7.20
Day's Low
$7.08
Volume
4,315,400
Avg. Vol
4,080,785
52-wk High
$8.92
52-wk Low
$6.21

Latest Key Developments (Source: Significant Developments)

Keppel Corporation Says Keppel FELS Closes Deal To Sell Five Existing Rigs To Borr Drilling
Wednesday, 16 May 2018 

May 16 (Reuters) - Keppel Corporation Ltd ::KEPPEL FELS CLOSES DEAL TO SELL FIVE EXISTING RIGS TO BORR DRILLING FOR APPROXIMATELY US$745M.  Full Article

Keppel Corporation Says Unit Secured Contracts From Van Oord
Wednesday, 16 May 2018 

May 16 (Reuters) - Keppel Corporation Ltd ::KEPPEL SINGMARINE SECURED CONTRACTS FROM VAN OORD TO BUILD TWO HIGH-SPECIFICATION TRAILING SUCTION HOPPER DREDGERS.TWO DREDGERS ARE EXPECTED TO BE COMPLETED IN 4Q 2020 AND 2Q 2021 RESPECTIVELY.  Full Article

Borr Drilling issues $350 mln convertible bonds to finance rig purchase
Wednesday, 16 May 2018 

May 16 (Reuters) - Borr Drilling Ltd ::BORR DRILLING LIMITED - SUCCESSFUL PLACING OF USD 350 MILLION CONVERTIBLE BONDS DUE 2023.BONDS WILL HAVE A COUPON OF 3.875% PER ANNUM PAYABLE SEMI-ANNUALLY IN ARREAR IN EQUAL INSTALMENTS AND A CONVERSION PREMIUM OF 37.5% OVER USD 4.87.INITIAL CONVERSION PRICE WILL THEREFORE BE USD 6.6963.BONDS WILL BE ISSUED AND REDEEMED AT 100% OF THEIR PRINCIPAL AMOUNT OF USD 200,000.UNLESS PREVIOUSLY REDEEMED, CONVERTED OR PURCHASED AND CANCELLED, MATURE IN 2023..PROCEEDS FROM BONDS WILL BE USED (I) TO FINANCE PURCHASE OF FIVE RIGS FROM KEPPEL FELS SHIPYARD AND FOR GENERAL CORPORATE PURPOSES.BONDS ARE EXPECTED TO BE ISSUED ON 23 MAY 2018.TOTAL CONSIDERATION FOR RIG PURCHASE IS EXPECTED TO BE USD 745 MILLION.COMPANY HAS SECURED OPTIONAL DELIVERY FINANCING OF RIGS OF USD432 MILLION AND ENTERED INTO A USD 200MILLION BANK FACILITY.  Full Article

Keppel Corp's Unit Acquires 46,086 Units In Keppel DC REIT At S$1.4220 Per Unit
Monday, 30 Apr 2018 

April 30 (Reuters) - Keppel Corporation Ltd ::UNIT ACQUIRED 46,086 UNITS IN KEPPEL DC REIT AT A PRICE OF S$1.4220 PER UNIT.  Full Article

Keppel Corp Says Keppel Offshore & Marine Signed MoU To Develop Autonomous Vessels
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Keppel Corporation Ltd ::KEPPEL CORP- KEPPEL OFFSHORE & MARINE SIGNED MOU WITH MARITIME PORT AUTHORITY OF SINGAPORE AND TECHNOLOGY CENTRE FOR OFFSHORE AND MARINE.MOU TO JOINTLY DEVELOP AUTONOMOUS VESSELS FOR A VARIETY OF APPLICATIONS.  Full Article

Keppel Corporation Posts Qtrly Net Profit Of S$337 Mln
Thursday, 19 Apr 2018 

April 19 (Reuters) - Keppel Corporation Ltd ::QTRLY NET PROFIT OF S$337 MILLION FOR FIRST THREE MONTHS OF 2018, 34% HIGHER THAN S$252 MILLION.Q1 REVENUE S$1.47 BILLION VERSUS S$1.25 BILLION A YEAR AGO.OFFSHORE & MARINE DIVISION'S NET ORDER BOOK, EXCLUDING SETE RIGS, STANDS AT S$4.3 BILLION AS AT QUARTER END.HOME SALES TRANSACTION VOLUMES IN CHINA HAVE FALLEN AND ARE EXPECTED TO REMAIN SUBDUED IN YEAR.  Full Article

Keppel Corp Announces Stake Increase In Unit
Thursday, 29 Mar 2018 

March 29 (Reuters) - Keppel Corporation Ltd ::STRAITS PROPERTY MANAGEMENT ENTERS SALE AND PURCHASE AGREEMENT WITH ARRAY HOLDINGS TO BUY SHARES IN KEPPEL LAND RETAIL MANAGEMENT.25 PERCENT STAKE IN KEPPEL LAND RETAIL MANAGEMENT PTE TO BE BOUGHT BY STRAITS PROPERTY MANAGEMENT PTE FOR ABOUT S$1.3 MILLION.  Full Article

Keppel Corporation Confirms That Talks Are Ongoing With Borr Drilling For Possible Sale Of Jack-Up Rigs
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Borr Drilling Ltd ::CONFIRM THAT DISCUSSIONS ARE ONGOING WITH BORR DRILLING LTD IN RELATION TO POSSIBLE SALE OF JACK-UP RIGS.‍CONFIRMS TALKS ARE ONGOING WITH BORR DRILLING LTD ON POSSIBLE SALE OF JACK-UP RIGS TO BORR DRILLING CURRENTLY BEING BUILT BY KEPPEL FELS.NO DEFINITIVE AGREEMENT HAS BEEN ENTERED BY BORR DRILLING LTD & CO.  Full Article

Keppel Corporation Says Unit Has Commenced A Members' Voluntary Liquidation
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Keppel Corporation Ltd ::UNIT HAS COMMENCED A MEMBERS' VOLUNTARY LIQUIDATION FOLLOWING EXPIRATION OF ESTABLISHMENT AGREEMENT.  Full Article

Keppel Corp says unit & Zhen Hua Sign Contract For Hong Kong's Integrated Waste Management Facility
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Keppel Corporation Ltd ::KEPPEL SEGHERS AND ZHEN HUA SIGN CONTRACT FOR HONG KONG'S INTEGRATED WASTE MANAGEMENT FACILITY.UNIT OF CO & UNIT OF CHINA HARBOUR ENGINEERING SIGNED HK$31 BILLION CONTRACT WITH GOVERNMENT OF HONG KONG​.CONTRACT IS NOT EXPECTED TO HAVE ANY IMPACT ON EARNINGS PER SHARE OF KEPPEL CORPORATION LIMITED FOR CURRENT FINANCIAL YEAR.CONTRACT WITH ENVIRONMENTAL PROTECTION DEPARTMENT OF GOVERNMENT OF HONG KONG TO CONSTRUCT & OPERATE WASTE MANAGEMENT FACILITY IN HONG KONG​.  Full Article

SE Asia Stocks-Most slip on global oil supply fears; Indonesia gains

* Thailand falls for fifth session * Indonesia index gains most in nearly a year By Karthika Suresh Namboothiri May 9 Most Southeast Asian stock markets fell on Wednesday in line with broader Asia, after oil prices sky-rocketed to an over 3-year high as President Donald Trump pulled the United States out of the Iran nuclear deal, while Indonesian shares surged. MSCI's broadest index of Asia-Pacific shares outside Japan dipped as renewed U.S. sanctions on Tehran