The Business Times
business-time-50

Corporate digest

Published Thu, Mar 31, 2022 · 09:50 PM

Keppel Corporation

KEPPEL Telecommunications and Transportation (Keppel T&T) will sell its entire stake in Keppel Logistics to Geodis International SAS for some S$80 million, Keppel Corporation announced on Thursday (Mar 31).

The proposed divestment is in line with Keppel Group's 2030 plans to simplify and focus its business, and is expected to take place in the second quarter of this year, the company said in a bourse filing.

Corporate DigestSingapore Stocks

TRENDING NOW

From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

Traders are also weighing whether the Bank of Japan would raise rates quickly enough to close the gap with global peers.

US dollar falters after Iran’s offer to reopen Hormuz sends oil lower

Wan Chee Foong (left) and Lars Kastrup will work together during the handover period.

Temasek’s Wan Chee Foong to helm PIL, Lars Kastrup to be board adviser

Asian investors continue to allocate capital to global markets, while maintaining significant exposure to US assets. 

Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More