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Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

7.49SGD
21 Nov 2017
Change (% chg)

$0.12 (+1.63%)
Prev Close
$7.37
Open
$7.39
Day's High
$7.50
Day's Low
$7.39
Volume
2,826,600
Avg. Vol
3,656,256
52-wk High
$7.74
52-wk Low
$5.34

Latest Key Developments (Source: Significant Developments)

Keppel Corp says unit divests stake in West Bali site
2:41pm IST 

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
4:42am IST 

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

Keppel Corporation's Q3 net profit S$291 mln, up 29 pct
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Keppel Corporation Ltd -:No ‍dividend recommended for current financial period​.Qtrly revenue S$‍1.617​ billion versus S$1.46 billion.‍For 3q 2017, group net profit was S$291 million, 29% higher​.‍Offshore & Marine division has been rightsizing its operations for what is expected to be an extended slowdown​.  Full Article

Keppel Corporation says‍ CPPIB allocates up to US$350 mln in partnership
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Keppel Corporation Ltd :Canada Pension Plan Investment Board allocates up to US$350 million in partnership with Alpha Investment Partners and Keppel Data Centres​.Partnership between ‍CPPIB, Alpha Investment Partners & Keppel Data Centres includes option to invest another US$150 million in ADCF.  Full Article

Keppel Corp secures FPSO conversion project from SBM Offshore
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - Keppel Corporation Limited ::Keppel secures major FPSO conversion project from SBM Offshore.Contract not expected to have material impact on EPS of co for current financial year​.  Full Article

Keppel to supply technology solutions for Beijing and Hunan waste-to-energy plants
Monday, 17 Jul 2017 

July 17 (Reuters) - Pdf 1: Keppel Corporation Limited:Keppel To Supply Technology Solutions For Beijing And Hunan Waste-to-energy Plants.two contracts are worth a total of over s$20 million..  Full Article

Keppel-KBS US REIT launches $448 mln Singapore listing

SINGAPORE, Oct 25 Keppel-KBS US REIT has launched its $448 million initial public offering in Singapore at $0.88 a unit, according to a prospectus filed with the central bank on Wednesday.