Keppel Cove

Keppel completes divestment of Keppel China Marina Holdings for $289 mil gain

SINGAPORE (Apr 4): Keppel Corporation says wholly-owned subsidiary, Keppel Land China, has completed the divestment of 100% stake in Keppel China Marina Holdings (KCMH) to Delight Prime for RMB 2.9 billion ($597.1 million).

Broker's Calls

Keppel kept at 'add' on divestment gain from Keppel Cove in Zhongshan to boost 1Q18 earnings

SINGAPORE (Apr 3): CIMB is maintaining Keppel Corp at "add" with unchanged target price of $10.00 on recognition of $270 million in divestment gain for 1Q18.

Keppel says won't be able to complete disputed divestment of Keppel China Marina Holdings, yet

SINGAPORE (Dec 26): Keppel Corporation says Keppel Land China (KLC) will not be able to complete the divestment of Keppel China Marina Holdings (KCMH) --  at least for the moment.

Property

Keppel Land China sells stake in Keppel Cove in Zhongshan for $597.4 mil

SINGAPORE (Oct 26): Keppel Land China has entered into an agreement to divest its 100% stake in Keppel China Marina Holdings (KCMH) to Delight Prime for a total consideration of RMB 2.9 billion ($597.4 million).
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