KepCorp disputes higher conglomerate discount by analysts
It cites strong performance in current climate
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
RIGBUILDER Keppel Corp has refuted analysts who applied a steeper conglomerate discount to the company after it moved to take its listed property arm private.
The group also said it is confident that Brazilian company Sete Brasil's recent funding difficulties would not affect the rigs that KepCorp is building for the firm.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
