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Keppel Corporation Ltd (KPLM.SI)

KPLM.SI on Stock Exchange of Singapore

6.22SGD
22 May 2019
Change (% chg)

$0.02 (+0.32%)
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Latest Key Developments (Source: Significant Developments)

Keppel Corp Says Keppel FELS Gets Contract Worth S$150 Mln For 2 Offshore Wind Farm Substations
Saturday, 11 May 2019 10:00pm EDT 

May 12 (Reuters) - Keppel Corporation Ltd ::KEPPEL FELS LTD SECURED CONTRACT FROM ØRSTED FOR TWO OFFSHORE WIND FARM SUBSTATIONS WORTH MORE THAN S$150 MILLION.CONTRACT FOR 2 OFFSHORE WIND FARM 600MW SUBSTATIONS TO BE DEPLOYED IN ØRSTED'S GREATER CHANGHUA OFFSHORE WIND SITES IN TAIWAN.  Full Article

Keppel Corp Says Plans To Hire About 1,800 Full-Time Staff Over 2019
Thursday, 18 Apr 2019 05:10am EDT 

April 18 (Reuters) - Keppel Corporation Ltd ::KEPPEL O&M IS SCHEDULED TO DELIVER ANOTHER FOUR DREDGERS TO JAN DE NUL OVER NEXT TWO YEARS (ADDS DROPPED WORD 'FOUR').INCREASING WORKFORCE IN SELECTED SINGAPORE AND OVERSEAS YARDS, WITH PLANS TO RECRUIT ABOUT 1,800 FULL-TIME STAFF OVER COURSE OF 2019..RECEIVED FINAL NOTICE TO PROCEED FROM GOLAR LNG TO COMMENCE FULL CONVERSION WORKS WITH ENHANCED WORKSCOPE WORTH US$242 MILLION.SAYS IN FINAL STAGES OF COMPLETING PRIVATISATION OF M1 AND KEPPEL T&T."NOTWITHSTANDING COOLING MEASURES IN CHINA, WE CONTINUE TO SEE STRONG DEMAND FOR WELL-LOCATED PROJECTS IN HIGH GROWTH CITIES".THIS YEAR, PROPERTY DIVISION INTENDS TO PUSH OUT SOME 2,000 UNITS ACROSS CHINA.WORKING TOWARDS A MID TO LONG TERM ROE TARGET OF 15% FOR GROUP.  Full Article

Keppel Corp Says Plans To Hire About 1,800 Full-Time Staff Over 2019
Thursday, 18 Apr 2019 05:10am EDT 

April 18 (Reuters) - Keppel Corporation Ltd ::INCREASING WORKFORCE IN SELECTED SINGAPORE AND OVERSEAS YARDS, WITH PLANS TO RECRUIT ABOUT 1,800 FULL-TIME STAFF OVER COURSE OF 2019..RECEIVED FINAL NOTICE TO PROCEED FROM GOLAR LNG TO COMMENCE FULL CONVERSION WORKS WITH ENHANCED WORKSCOPE WORTH US$242 MILLION.SAYS IN FINAL STAGES OF COMPLETING PRIVATISATION OF M1 AND KEPPEL T&T.KEPPEL O&M IS SCHEDULED TO DELIVER ANOTHER DREDGERS TO JAN DE NUL OVER NEXT TWO YEARS."NOTWITHSTANDING COOLING MEASURES IN CHINA, WE CONTINUE TO SEE STRONG DEMAND FOR WELL-LOCATED PROJECTS IN HIGH GROWTH CITIES".THIS YEAR, PROPERTY DIVISION INTENDS TO PUSH OUT SOME 2,000 UNITS ACROSS CHINA.WORKING TOWARDS A MID TO LONG TERM ROE TARGET OF 15% FOR GROUP.  Full Article

Keppel Corporation Says Qtrly Revenue S$1.53 Bln
Thursday, 18 Apr 2019 05:09am EDT 

April 18 (Reuters) - Keppel Corporation Ltd ::QTRLY REVENUE S$ 1,531 MILLION VERSUS S$1,470 MILLION.QTRLY NET PROFIT OF S$203 MILLION , DOWN 40%.OFFSHORE & MARINE DIVISION'S NET ORDER BOOK, EXCLUDING SETE RIGS, STANDS AT $4.7 BILLION AS AT QUARTER END.  Full Article

Keppel Corp Secures Integration And Upgrading Contracts Worth Around S$160 MLN
Wednesday, 17 Apr 2019 08:19am EDT 

April 17 (Reuters) - Keppel Corporation Ltd ::SECURES INTEGRATION AND UPGRADING CONTRACTS WORTH AROUND S$160 MILLION.FIRST CONTRACT IS BETWEEN KEPPEL SHIPYARD AND A OPERATOR OF OIL AND GAS PRODUCTION VESSELS.SECOND CONTRACT IS BETWEEN KEPPEL FELS AND DIAMOND OFFSHORE FOR UPGRADE OF DRILLING SEMISUBMERSIBLE RIG OCEAN ONYX.  Full Article

Keppel Corp Receives Final Approval For Conversion Of Gimi FLNG Project
Tuesday, 16 Apr 2019 06:34pm EDT 

April 17 (Reuters) - Keppel Corporation Ltd ::KEPPEL RECEIVES FINAL APPROVAL FOR CONVERSION OF GIMI FLNG PROJECT.KEPPEL CORP- KEPPEL OFFSHORE & MARINE GOT FINAL NOTICE TO PROCEED FROM GIMI MS CORP TO START FULL CONVERSION WORKS FOR GIMI FLNG PROJECT.KEPPEL CORPORATION - WHEN COMPLETED, GIMI FLNG WILL BE STATIONED AT NEARSHORE HUB LOCATED ON MAURITANIA AND SENEGAL MARITIME BORDER.TOTAL CONTRACT IS WORTH US$947MILLION AND BUILDS ON ISSUANCE OF LIMITED NOTICE TO PROCEED ON 17 DECEMBER 2018.  Full Article

Keppel Infrastructure Led Consortium Secures $52.5 Mln Jurong Island Pipelines Project
Monday, 15 Apr 2019 06:32pm EDT 

April 16 (Reuters) - Keppel Corp Ltd ::KEPPEL INFRASTRUCTURE LED CONSORTIUM SECURES $52.5M JURONG ISLAND PIPELINES PROJECT.SAYS DEAL TO NOT HAVE ANY MATERIAL IMPACT ON EPS AND NET TANGIBLE ASSET PER SHARE FOR FY ENDING 31 DEC 2019.  Full Article

Keppel Corporation Announces Acquisition Of Units In Keppel Infrastructure Trust
Monday, 15 Apr 2019 06:53am EDT 

April 15 (Reuters) - Keppel Corporation Ltd ::KEPPEL INFRASTRUCTURE HOLDINGS ACQUIRED 82.9 MILLION UNITS IN KEPPEL INFRASTRUCTURE TRUST AT S$0.441 PER PREFERENTIAL OFFERING UNIT.  Full Article

Keppel Corp Says Unit Enters Novation Agreement
Monday, 1 Apr 2019 08:00am EDT 

April 1 (Reuters) - Keppel Corporation Ltd ::UNIT ENTERS AGREEMENT TO NOVATE CONSTRUCTION CONTRACT OF JACKUP RIG BUILT BY KEPPEL FELS FOR BOT LEASE CO TO BORR DRILLING.  Full Article

Keppel Corporation Acquires Stake In Leading Ev Battery Businesses For US$50 Million
Monday, 1 Apr 2019 05:24am EDT 

April 1 (Reuters) - Keppel Corporation Ltd ::ACQUIRES STAKE IN LEADING EV BATTERY BUSINESSES FOR US$50 MILLION.KEPVENTURE PTE LTD (KEPPEL), ENTERED INTO AGREEMENT WITH ENVISION AESC TO INVEST US$50 MILLION FOR A MINORITY STAKE IN ENVISION AESC GROUP.  Full Article

Keppel plans to add 1,800 staff at offshore and marine business

SINGAPORE, April 18 Singapore conglomerate Keppel Corp is planning to 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.