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Analysts, investors cheer Keppel's O&M review
Shares end at S$4.45 on Wednesday, up S$0.15 or 3.5%; DBS analyst says worst is over for Keppel
Published Wed, Sep 30, 2020 · 09:50 PM
Singapore
UPDATES provided by Singapore conglomerate Keppel Corp at a media and analyst briefing on Tuesday were well-received by analysts and investors. After touching the day's high of S$4.58, Keppel shares finished at S$4.45 on Wednesday, up S$0.15 or 3.5 per cent,.
Keppel had on Tuesday said it had identified some S$17.5 billion in assets that can be monetised over time, and that it would be conducting a strategic review of its offshore and marine (O&M) business.
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