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KepCorp disputes higher conglomerate discount by analysts

It cites strong performance in current climate

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Published Fri, Mar 27, 2015 · 09:50 PM

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Singapore

RIGBUILDER Keppel Corp has refuted analysts who applied a steeper conglomerate discount to the company after it moved to take its listed property arm private.

The group also said it is confident that Brazilian company Sete Brasil's recent funding difficulties would not affect the rigs that KepCorp is building for the firm.

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