Submitted By:  Staff Reporter Case Study:  No Its acquisition of M1 and expansion into new assets for Keppel Capital are likely to put pressure on cashflow. The ear...

SINGAPORE (Oct 19): Keppel Corporation last night reported a 19.9% drop in 3Q18 revenue to $1.3 billion and a 14.9% drop in earnings to $225.7 million. More importantly, after three consecutive quarters of net losses, the Offshore & Marine division turned in a $1.5 million net profit in 3Q18. Se...

Submitted By:  Luz Wendy Noble Case Study:  No Earning per share fell 15% to $0.124. Keppel Corporation’s profits slid 14.9% YoY to $225.67m mainly due to los...

THE following companies saw new developments which may affect trading of their shares on Friday:

KEPPEL Corporation on Thursday reported a 15 per cent drop in its third-quarter earnings to S$225.7 million, mainly due to lower contributions from its investments and property divisions - and this comes despite stronger performance in its infrastructure and offshore & marine (O&M) d...

SINGAPORE: Keppel Corp on Thursday (Oct 18) posted a 15 per cent fall in third-quarter net profit, hurt by lower contributions from its investments and property divisions. Keppel, whose businesses range from rig-building to property development, posted a net profit of S$226 million for the quarter...

KEPPEL Corporation on Thursday posted a 15 per cent drop in third-quarter earnings at S$226 million, mainly due to lower contributions from its investments and property divisions, offsetting stronger performance in its infrastructure and offshore & marine (O&M) divisions.

SINGAPORE (Oct 18): Keppel Corporation reported 3Q18 earnings ended Sept of $226 million, 15% lower than the $265 million for 3Q17. This brings 9M18 earnings to $809 million, 18% higher than the $688 million achieved a year ago. The weaker third quarter bottomline was mainly due to lower contributio...

SINGAPORE (Oct 17): Keppel Telecommunications & Transportation (Keppel T&T) announced that its 3Q18 earnings have dropped by 12.3% to $11.8 million, compared to $13.5 million in 3Q17. In 9M18, earnings saw a 32.4% increase to $47.2 million from $35.7 million in 9M17. Revenue for the quarter ...

SINGAPORE (Oct 15): When I started investing in the 1990s, I quickly became intrigued by companies with assets that were overlooked by the market. In some cases, the asset in question was simply a pile of cash or liquid securities. Other times, it was a strategically located parcel of land that coul...

THE data centre arm of government-linked conglomerate Keppel Corp has tied up with three Chinese technology firms to develop more efficient and robust data centres.

STARHUB'S shock retrenchment of about 10 per cent of its workforce, hot on the heels of Keppel Corp's surprise plan to buy out the rest of M1 shares it does not own, has resurrected concerns over whether Singapore has room for a fourth mobile operator.

SINGAPORE (Oct 8): CGS-CIMB Securities continues to rate Singapore conglomerates as “overweight” as limited organic growth has forced them to go beyond their existing turf. Notably, in the past six months, Sembcorp Industries acquired mini-power plants in the UK for about £286 million ($518.2 m...

SINGAPORE (Oct 7): Keppel Offshore & Marine’s subsidiary Keppel Singmarine has signed two additional contracts with Stolt-Nielsen Gas BV, a subsidiary of Stolt-Nielsen, to build two additional small-scale LNG carriers worth a total of around $105 million. Three options were granted to Stolt-Ni...

SINGAPORE (Oct 5): Institutional investors are buying shares of M1 at levels above the offer price from major owners Keppel Corp and Singapore Press Holdings, showing they are  betting on an increase in the bid. The Keppel-SPH offer is at $2.06, and M1 is currently at $2.10 as at 11.39am. After Thu...

Submitted By:  Luz Wendy Noble Case Study:  No Sembcorp Marine's total returns hit 21.4%. This chart from the Singapore Exchange (SGX) shows that the 10 biggest...

SINGAPORE (Oct 2): DBS is the first bank in Southeast Asia and one of five Singapore-listed companies to be included in the Dow Jones Sustainability Index (DJSI) Asia Pacific. The other Singapore-listed companies that were included in the DJSI Asia Pacific are CapitaLand, Golden Agri-Resources, Kepp...

KEPPEL Corporation's property arm Keppel Land has entered into a joint venture with Indian property developer Puravankara Limited to buy a 3.09 hectare site in Bangalore and develop Keppel's first commercial development in India, the group announced on Monday.

SINGAPORE (Oct 1): Changes in dynamics between Singapore’s telco players could see StarHub or M1 turn acquirer during an industry consolidation in two to three years, says UOB KayHian. In a Monday report, UOB KayHian analyst Jonathan Koh says possible M&A scenarios include StarHub acquiring TP...

SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR. Telcos typically suffer from hefty handset subsidies following the launch of flagship mobile phones...

SINGAPORE (Oct 1): Keppel Land, the property arm of Keppel Corporation, is developing its first commercial property in India through a joint venture. Subsidiary Keppel Puravankara Development (KPDL), a joint venture company with an Indian property developer, Puravankara, entered into agreements to a...

KEPPEL Corporation's property arm Keppel Land has entered into a joint venture with Indian property developer Puravankara Limited to buy a 3.09 hectare site in Bangalore and develop Keppel's first commercial development in India, the group announced on Monday morning.

SINGAPORE (Sept 28): Tan Swee Yiow, 58, CEO and executive director of Keppel REIT Management will take over as CEO of Keppel Land from Jan 1. Prior to his current appointment, Tan was president, Singapore, at Keppel Land and concurrently head, Keppel Land Hospitality Management, and has been with th...

SINGAPORE (Sept 28): If Axiata rejects the pre-conditional voluntary general offer (VGO) by Keppel and SPH to acquire M1 at $2.06 per share, the deal still goes through as it takes another effective 18% from the market to gain 51%, say analysts. Assuming Axiata, which has a 28% stake in M1, is the o...

SINGAPORE (Sept 28): RHB Research and CGS-CIMB Securities say Keppel Corp and M1's $2.06 per share valuation of M1 is fair. To be sure, M1’s share price has de-rated by a significant 30% on worries over escalating threats posed by new players in the market over the past 18 months. The offer price ...

THE following companies saw new developments which may affect trading of their shares on Friday:

THE following companies saw new developments which may affect trading of their shares on Friday:

BEING contrarian can be rather unnerving, but Keppel Corp's move to buy out M1 at the time when the telecom industry is reeling from fierce competition appears a happy resolution for all parties, including M1's other shareholders who may not have the stomach for roller-coaster ride...

SHARES of StarHub stirred to life on Thursday, boosted by news that Keppel Corp and Singapore Press Holdings are making a buyout offer for rival telco M1, in a deal which values the telco at over S$1.9 billion.

KEPPEL Corp (KepCorp) on Thursday said it will be making a pre-conditional voluntary general offer of S$2.06 cash a share for the M1 shares it does not own, and a separate offer to privatise subsidiary, Keppel Telecommunications and Transportation (Keppel T&T), at S$1.91 a share in cash....