Singapore

KEPPEL Corporation shrugged off the gloom of lower oil prices and a softer property market, posting on Thursday a 6.1 per cent increase in fourth-quarter net profit to S$725.9 million on the back of a 9.1 per cent climb in revenue to S$3.93 billion.

The group also declared a final cash dividend of 36 Singapore cents per share, up from a final dividend of 30 cents per share in 2013. Taken with the interim cash dividend of 12 cents per share, total dividend for 2014 stands at 48 cents per share.