Keppel Corporation

Singapore economy

UOB Kay Hian moderates STI target to 3,240 but Singapore market 'still the place to be'

The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.

Company in the news

Keppel breaks ground for Singapore's first hydrogen ready cogeneration plant

The construction of the plant with a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering began on July 19.

M&A

Keppel Corp acquires 65% stake in a project company that will hold a retail property in Hanoi for $70 mil

Keppel Corp expands presence in Vietnam with latest $70 mil acquisition

Deals, joint ventures & alliances

UOB and Keppel join forces to provide solutions supporting businesses' sustainability and digitalisation journeys

UOB and Keppel signed an MOU to jointly support business in the region with their digitalisation and sustainability efforts.
Keppel Corporation 1QFY2023 revenue up 9% y-o-y, net profit 'significantly higher' with O&M disposal gain - THE EDGE SINGAPORE

Results

Keppel Corporation 1QFY2023 revenue up 9% y-o-y, net profit 'significantly higher' with O&M disposal gain

Keppel recognised a disposal gain of $3.3 billion, received $500 million in cash and distributed $3.85 billion to shareholders.
Sabana REIT partners Keppel EaaS to build EV charging, solar panels in its properties - THE EDGE SINGAPORE

Sustainability

Sabana REIT partners Keppel EaaS to build EV charging, solar panels in its properties

Sabana REIT and Keppel EaaS have also signed a sustainability partnership MOU for decarbonisation efforts.

Sustainability

EMA grants Keppel Energy conditional approval for Cambodia renewable energy import project

Singapore plans to import up to 4GW of low-carbon electricity by 2035, comprising around 30% of its electricity supply.
Sembcorp, SIA and Keppel Land announce new partnerships with their Vietnamese counterparts - THE EDGE SINGAPORE

Company in the news

Sembcorp, SIA and Keppel Land announce new partnerships with their Vietnamese counterparts

As at 3.02pm, shares in Sembcorp, SIA and Keppel Corporation are trading at $3.72, $5.88 and $7.09 respectively.

Environmental, Social and Governance

Singapore's largest-cap firms lay out net-zero commitments

How have the largest local names on the Singapore Exchange (SGX) contributed to the global decarbonisation effort?

Contracts

Keppel O&M secures 2 jackup rig charters from ADES worth up to $155 mil

Keppel's O&M arm enters into bareboat charter contracts with ADES Saudi for 2 KFELS B Class jackup rigs with $155 mil.
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