Keppel Corp

KEPPEL Corporation said on Friday that its wholly owned subsidiary Keppel Shipyard, is in advanced discussions with Petrobras for a contract to build a floating production storage and offloading vessel for the Buzios field off Brazil.

The company's exchange filing was in response to an article on Upstream Daily News titled "$4.6bn deals near: Petrobras seals price cuts from two Asian yards for Buzios floater pair".

Keppel Corp said no definitive agreements have been entered as of Friday. It added that it will make the relevant announcements at the appropriate time. Keppel Corp shares closed unchanged on Friday at S$5.43, before the announcement.

SIIC Environment Holdings

MAINBOARD-LISTED SIIC Environment Holdings has signed projects for water treatment in the city of Jiaxing in Zhejiang province in the Yangtze River Delta.

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In an exchange filing on Friday, the water treatment and environmental protection company said its 92.15 per cent subsidiary Pinghu Dushan Wastewater Treatment signed a supplemental agreement on the Pinghu City Eastern wastewater treatment plant project.

The agreement involves a total investment of around 750 million yuan (S$153 million). This includes expansion of the first stage of the third phase of the project, a new reclaimed water plant project, as well as new pre-treatment facilities, for a concession period from April 2021 to December 2046.

SIIC said: "The projects are expected to contribute positively to the group's performance going forward."

SIIC shares closed unchanged on Friday at 21 Singapore cents, before the announcement.

Sunningdale Tech

SUNNINGDALE Tech will be delisted from the official list of the Singapore Exchange effective April 20, it said in a bourse filing on Friday.

The company said it has received confirmation that the cash consideration and balance cash consideration relating to the scheme of arrangement have been paid. Share certificates have also been despatched to shareholders that have elected to receive the scrip consideration.