Keppel to explore creating value with extra funds unlocked from asset-light strategy: CEO
Singapore
AS Keppel Corporation continues to advance with its asset-light strategy, the group will explore how best to create value with the surplus funds unlocked. This could include returning some capital to shareholders over time, particularly in periods where growth opportunities may be fewer or priced inappropriately.
This was what chief executive Loh Chin Hua said in an interview published in the group's FY2020 annual report, which was released on Thursday.
The strategy would also contribute to gains from the monetisation of assets, adding to the pool of profits from which the group pays out dividends - an aspect which he recognises is important to shareholders.
Keppel aims to "have a more disciplined approach to asset allocation", which forms an integr…
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