Keppel - UOB Kay Hian 2025-08-12: Hanging Up On M1 And Unlocking S$1b To Fuel Future Growth

• Keppel finally reported the sale of most of its M1 assets at an enterprise value of S$1.43b with the company receiving cash proceeds of S$985m after adjusting for its 83.9% stake and excluding debt. At this early stage, all options are on the table for use of proceeds, from funding growth to debt repayment and dividends.

The “Singapore sale” worth waiting for.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Improved financial metrics.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-08-01 Keppel 1H25 - Strong Growth, Steady Dividends And Asset-light Transformation In Motion.

Price targets by 4 other brokers at Keppel Target Prices.

Listing of research reports at Keppel Analyst Reports.

Relevant links:
Keppel Share Price History,
Keppel Announcements,
Keppel Dividend Payout Dates & Corporate Actions,
Keppel News