Corporate digest
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.
TRENDING NOW
CapitaLand Investment to restructure portfolio, recycle up to S$9 billion
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
Orchard Boulevard, Marina Gardens Lane sites released for sale