Corporate digest

Keppel Corp

KEPPEL Corp has received an eligibility to list letter from the Singapore Exchange for the proposed initial public offering of a US commercial real estate investment trust (Reit) on the mainboard. Keppel, a conglomerate with shipyard and property businesses, among others, said no decision has been made on whether the proposed Keppel-KBS US Reit will take place. However, Keppel on Friday agreed to take a 50 per cent interest in the proposed Reit m…