Citi Research analysts Brandon Lee and Jame Osman have reiterated their “buy” rating for Keppel Corporation with a target price (TP) of $7.45.In their report dated Sept 29, the analysts say that Keppel Offshore & Marine’s (Keppel O&M) repeat newbuild floating production storage and off...

THE following companies saw new developments that may affect trading of their securities on Thursday (Sep 29):

Keppel Corp has yet another contract from its familiar customer Petrobras, with a US$2.8 billion job to build another rig, dubbed the P-83.With this order, Keppel’s offshore and marine unit will see its order book increase to $11.8 billion.The P-83, scheduled for delivery in 1HFY2027, is identical...

KEPPEL Shipyard, a wholly-owned subsidiary of Keppel Corporation’s offshore and marine (O&M) arm, on Wednesday (Sep 28) announced that it has secured a repeat contract for a newbuild floating production, storage and offloading (FPSO) vessel worth about US$2.8 billion. 

THE following company saw new developments that may affect trading of its securities on Wednesday (Sep 28):

During a media briefing by REITAS on Sept 1 this year to celebrate 20 years of S-REITs, Jonathan Quek, vice-president of REITAS and co-head of Asia Pacific real estate and lodging at Citigroup global markets Singapore, characterises the growth of S-REITs in four phases.Quek says the first phase was ...

With effect from Sept 26, iFast Corp, IGG Inc, Olam Group and Yangzijiang Financial Holding will exit the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index.While these four companies take their leave off the index, six companies have been included into the index, namely CapitaLand Investment, L...

Parkway Life REIT Price target: CGS-CIMB Research ‘hold’ $5.06 Citibank Research ‘neutral’ $5.02 Boost from new acquisitions Analysts are upbeat about Parkway Life REIT (PLife REIT) following its latest acquisition announced on Sept 13.PLife REIT announced the acquisition of three nursing h...

Keppel Corporation announced that the Singapore Court has granted an interim injunction on the morning of Sept 14 to restrain any payment or receipt of money under the standby letter of credit.This is in reference to the group previously announcing on Sept 13 regarging a customer potential claims ar...

UOB Kay Hian analyst Adrian Loh has maintained his “buy” call for Keppel Corp with a target price (TP) of $10.11, representing a 36% upside.In his report dated Sept 12, Loh says that Keppel and its subsidiaries’ expenditure of over $3.2 billion on stakes in infrastructure has put in place the ...

Keppel Corp has received a further six-month extension from the Corrupt Practices Investigations Bureau (CPIB) to pay the latter the sum of US$52.8 million.The extension was granted as the company still has ongoing discussions with Brazilian authorities.The payment of the balance was previously exte...

In the past 20 years, real estate like offices, malls, warehouses and hospitals have been securitised, and the proceeds recycled or distributed. However, two Singapore conglomerates are leading the way in monetising infrastructure, supporting their share prices. The chart pattern shows Keppel Corp i...

With an increasing awareness of environmental, social and governance (ESG) matters, the zero-waste movement has grown, as more people try to cut back on their amount of waste. While the overall volume of waste can be reduced, waste cannot disappear completely — it is something communities will pro...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Sep 6):  Keppel Corp: A unit of the mainboard-listed group, Keppel Land, <a href="https://www.businesstimes.com.sg/companies-markets/keppel-land-to-acquir... target="_blank&qu...

Keppel Land through its wholly-owned subsidiary is acquiring a 4% stake in Kingsdale Development (KPDL) from Prime Growth Investments for US$6 million ($8.3 million).Keppel Corp — through its wholly-owned subsidiaries — currently holds 86% of the issued share capital of KDPL, while Prime Growth ...