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
Add BT as a preferred source
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.
TRENDING NOW
Singapore banks may need to address indirect exposure to captive coal in their financing policies
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
