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Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

6.30SGD
22 Aug 2017
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$0.06 (+0.96%)
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Latest Key Developments (Source: Significant Developments)

Keppel Corporation announces ‍agreement to sell equity interest in Golar Hilli Llc
Wednesday, 16 Aug 2017 08:18pm EDT 

Aug 17 (Reuters) - Keppel Corporation Ltd :‍KS Investments together with Golar Lng and Black And Veatch entered into a purchase and sale agreement​.Sale is not expected to have any material impact on earnings per share of kcl for current financial year.Sale price is us$658 million.‍agreement to sell an equity interest in Golar Hilli Llc to a subsidiary of Golar Lng Partners L.p.​.  Full Article

Keppel Corporation announces sale of interest in Keppel Lakefront (Nantong) Property Development Co
Wednesday, 16 Aug 2017 11:07am EDT 

Aug 16 (Reuters) - Keppel Corporation Limited :Sale Of Entire Interest In Keppel Lakefront (Nantong) Property Development Co Ltd.Keppel Land China entered agreement to divest entire 100% interest in Keppel Lakefront (Nantong) Property Development Co.Deal for a total consideration of rmb 1,430 million.Transaction will yield for Keppel Land China a net divestment gain of about rmb 368.5 million upon completion.Keppel Land China to divest 100 percent interest in Keppel Lakefront (Nantong) Property Development to unit of China Vanke Co.  Full Article

Keppel Land and wing Tai Land Jv tops bids submitted to urban redevelopment authority
Thursday, 27 Jul 2017 06:47am EDT 

July 27 (Reuters) - Keppel Corporation Ltd :Corson Pte and its joint venture partner topped bids submitted to urban redevelopment authority.Bids for a 99-year leasehold prime residential site in serangoon north avenue 1 for a total consideration of $446.28 million..Transaction is not expected to have any material impact on eps of keppel corp and wing tai holdings for current financial year.  Full Article

Keppel Corp says qtrly net profit S$161 mln vs S$205 mln
Thursday, 20 Jul 2017 05:09am EDT 

July 20 (Reuters) - Keppel Corporation Ltd :Qtrly net profit S$161 million versus S$205 million.Profit of S$421m for 1H 2017.Qtrly revenue S$‍1.55​ billion versus S$1.63 bln.Tax exempt one-tier interim dividend of 8.0 cents per share declared."Offshore & marine division's net order book, excluding Sete rigs, stands at S$3.4 bln".Despite some pick-up in activity in offshore market, general consensus is that, with prevailing uncertainty in oil market, a quick recovery is unlikely.  Full Article

Keppel Corporation announces appointment of CEO of Keppel Offshore & Marine
Friday, 30 Jun 2017 06:38am EDT 

June 30 (Reuters) - Keppel Corporation Limited ::Appointment Of Chief Executive Officer Of Keppel Offshore & Marine Ltd.Announces appointment of Chris Ong Leng Yeow as chief executive officer of Keppel Offshore & Marine Ltd.  Full Article

Keppel Corporation secures conversion and repair projects worth S$85 mln
Wednesday, 28 Jun 2017 05:10am EDT 

June 28 (Reuters) - Keppel Corporation Limited ::Keppel secures conversion and repair projects worth S$85 million.Keppel Shipyard won four contracts worth a total of s$85 million for conversion, repair and modification of vessels.Four contracts worth a total of S$85 million for conversion, repair and modification of vessels.Contracts are not expected to have material impact on earnings per share of co for current fy.Work is expected to commence in 3Q 2017.  Full Article

Keppel Corp says Joysville Investment subscribed for shares of Vision (III) Pte Ltd
Sunday, 25 Jun 2017 08:00pm EDT 

June 26 (Reuters) - Keppel Corporation Ltd ::Unit Joysville Investment subscribed for shares of Vision (III) Pte Ltd representing an eventual 30 pct interest in vision​‍​.  Full Article

Keppel Corporation closes deal with Borr Drilling
Thursday, 1 Jun 2017 07:31am EDT 

June 1 (Reuters) - Keppel Corporation Limited :Keppel Closes Deal With Borr Drilling.Keppel fels signed definitive agreements with borr drilling to novate construction contracts of five jackup rigs.Borr Drilling will take over contracts of five jackup rigs from transocean & undertake remaining payment installments to keppel fels.Transaction will not have any material impact on earnings per share of company for financial year ending 31 december 2017.Borr drilling will make a down payment of usd$275 million within two weeks.Price for each rig is USD$216 mln, compared to original contract price of USD$219 mln.  Full Article

Keppel Corporation says Keppel O&M secures contract to build LNG carrier vessels
Wednesday, 24 May 2017 05:15am EDT 

May 24 (Reuters) - Keppel Corporation Limited ::Keppel secures contract to build LNG carriers worth over S$100m.As part of contract, Keppel Singmarine has also secured options to build another three similar units for Stolt-Nielsen Gas.LNG carriers are expected to be completed in 2Q and 3Q 2019 respectively.Contract is not expected to have material impact on EPS of Keppel Corporation for current financial year.  Full Article

Keppel Corporation says unit of Keppel Offshore & Marine secured contracts
Tuesday, 23 May 2017 05:11am EDT 

May 23 (Reuters) - Keppel Corporation Limited ::Keppel to build two additional dredgers worth S$120 million for Jan De Nul.Contracts are not expected to have a material impact on earnings per share of Keppel Corp for current financial year.Keppel Offshore & Marine's unit, Keppel Singmarine has secured contracts from Codralux S.A., unit of Jan De Nul group.  Full Article