SINGAPORE (July 15): On June 19, KrisEnergy put up some proposals for discussion with its creditors. These creditors are DBS Bank which has provided the company with a revolving credit facility (RCF), Keppel Corp, through Zero Coupon Notes (ZCN), noteholders of two tranches of bonds, HSBC and Standa...

SINGAPORE (July 15): Keppel Offshore & Marine (Keppel O&M) announced that it has secured two contracts from MODEC Offshore Production Systems (Singapore) worth a combined value of $73 million. The contracts were signed by Keppel O&M’s wholly-owned subsidiaries Keppel Shipyard in Singap...

SINGAPORE (July 14): Singapore’s fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP) has commenced commercial operations with effect from 29 June 2020.  KMEDP, which is also Singapore’s first large-scale, dual-mode desalination plant, is operated by Marina East Wate...

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SINGAPORE (July 9): Keppel Corporation says it has extended its deadline for KrisEnergy to complete its restructuring process. The date, which was originally slated for July 15, a week from now, will now be extended to September 30. On June 5, KrisEnergy said it was “confident” that its credit f...

SINGAPORE (July 2): Temasek Holdings typically reports its annual results in July but because of the Covid-19 outbreak which has disrupted business operations all over the world, many of its portfolio companies have postponed the reporting of their results.  As such, Temasek Holdings will delay its...

SINGAPORE Press Holdings (SPH), which publishes The Business Times, is setting up a joint venture (JV) with Keppel Corporation to develop and operate data centre facilities at SPH's Genting Lane property.

SINGAPORE Press Holdings (SPH) is to develop and operate data-centre facilities in Genting Lane under a joint venture (JV) with listed conglomerate Keppel Corporation's subsidiaries.

SINGAPORE (June 29): With data centres an increasingly lucrative proposition for businesses with the rapid digitalisation of the global economy, Singapore Press Holdings (SPH) is looking to get a slice of the data centre business in a joint venture with Keppel Data Centres Holdings (KDCH) as it cont...

(June 29): Temasek Holdings Pte is prepared to drop a $4 billion bid for control of Keppel Corp. should the Singaporean conglomerate’s next earnings report trigger a clause that allows it to walk away, according to people familiar with the matter. The state investment firm is keeping a close tab ...