Keppel Limited

Company in the news

Keppel’s subsidiary divests 70% stake in Saigon Sports City for up to $391.1 mil

Shares in Keppel closed 1 cent higher or 0.15% up at $6.63 on Sept 30.

Contracts

Keppel wins 20-year centralised cooling systems contract for Tengah BTO projects

As at 9.29am, shares in Keppel are trading 1 cent higher or 0.15% up at $6.63.

Corporate moves

Keppel reports higher net profit y-o-y for 1HFY2024, excluding one-off divestments and legacy assets

At its results briefing, CEO Loh says that the group is “very focused” on monetising its O&M assets “sooner rather than later”.
Keppel reports earnings of $304.1 mil for 1HFY2024, dividend of 15 cents per share - THE EDGE SINGAPORE

Results

Keppel reports earnings of $304.1 mil for 1HFY2024, dividend of 15 cents per share

The group’s earnings from continuing operations fell by 31.6% y-o-y.

Property

Keppel to acquire stake in Grade A office complex in Chennai for $352.9 mil

Shares in Keppel closed 11 cents higher or 1.69% up at $6.64 on July 31.

Sustainability

Keppel partners Perennial Holdings to roll out energy-as-a-service solutions in Chengdu

Keppel will design, retrofit, manage and operate the existing cooling and heating systems of two of Perennial’s developments.
Keppel’s Volt awarded contract by Vicom subsidiary to implement and operate public EV fast-charging hub - THE EDGE SINGAPORE

Electric vehicles

Keppel’s Volt awarded contract by Vicom subsidiary to implement and operate public EV fast-charging hub

The EV chargers at the new hub are expected to be the largest deployment of public ultrafast chargers at a single site in SEA.
Possible swap out of KDC REIT’s Guangdong data centre for 23% stake in Keppel’s Genting Lane data centre a win-win: DBS - THE EDGE SINGAPORE

Broker's Calls

Possible swap out of KDC REIT’s Guangdong data centre for 23% stake in Keppel’s Genting Lane data centre a win-win: DBS

The DBS analysts have kept their “buy” calls on Keppel and KDC REIT with target prices of $9 and $2.20 respectively.
Keppel expands M1 CEO’s role amid talks of StarHub merger  - THE EDGE SINGAPORE

New appointments

Keppel expands M1 CEO’s role amid talks of StarHub merger

Manjot Singh Mann, who has been CEO of M1 since 2018, will be appointed Keppel’s CEO of connectivity with effect from June 1.
  •  
×