Corporate digest
Keppel Corp
THE Office of the Comptroller General of Brazil (CGU) has suspended its administrative enforcement procedure (AEP) against five subsidiaries of Keppel Corp in relation to "alleged irregularities under the Brazilian Anti-Corruption Statute".
In a bourse filing on Thursday, Keppel announced that it had received confirmation of the suspension, and will make further announcements should "material developments" arise.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks