Two substantial shareholders of KrisEnergy, which is in the midst of a long-drawn debt restructuring process, have called for an extra-ordinary general meeting after the company said on March 31 that there’s “material uncertainty” to its ability to complete the restructuring. This was b...

Technically, OUE is certainly attracting its fair share of attention. The moving averages are bunched up and turning positive simultaneously. Quarterly momentum is shooting higher. Volume is rising. Technical indicators can be said to be in place to support further gains. But, for investors with Ria...

The Infocomm Media Development Authority of Singapore (IMDA) has granted a facilities-based operator (FBO) licence to Keppel Midgard Holdings (KMH), a wholly-owned subsidiary of Keppel Telecommunications & Transportation (Keppel T&T). The FBO licence will allow KMH to own, maintain and opera...

As the Straits Times Index (STI) turned in a “respectable performance” in the 1Q2021, PhillipCapital’s head of research Paul Chew writes that he remains positive on equity markets, in an April 1 report. This comes on the back of a pick-up in global economic momentum, as well as signs of reflat...

Alpha Investment Partners (Alpha), a private fund management arm of Keppel Capital Holdings (Keppel Capital), has been awarded a $360 million separate account mandate from Dutch pension fund PGGM. The Alpha Asia Separate Account includes a top-up option of up to $320 million, which would bring the a...

AS Keppel Corporation continues to advance with its asset-light strategy, the group will explore how best to create value with the surplus funds unlocked. This could include returning some capital to shareholders over time, particularly in periods where growth opportunities may be fewer or p...

Following KrisEnergy’s updates on the Apsara oil field development in Block A, offshore Cambodia, Keppel Corporation noted that Netherland, Sewell & Associates (NSAI), a third-party petroleum engineering consultant, will be assessing the ultimate recovery from five development wells in Apsara ...

Maybank Kim Eng analyst Thilan Wickramasinghe expects more restructuring exercises on the horizon, particularly amongst large-cap companies pursuing asset-light strategies, though their timings will be hard to predict. Wickramasinghe notes a rising pace in restructurings in Singapore due to str...

KEPPEL Telecommunications & Transportation's (Keppel T&T) wholly-owned subsidiary Keppel Midgard Holdings (KMH), together with consortium partners, will jointly own and develop the Bifrost Cable System, a multiple fibre paired, high capacity submarine cable system, Keppe...

KEPPEL Telecommunications & Transportation's (Keppel T&T) wholly-owned subsidiary Keppel Midgard Holdings (KMH), together with consortium partners, will jointly own and develop the Bifrost Cable System, a multiple fibre paired, high capacity submarine cable system, Keppe...