Keppel working its assets harder as it simplifies its business

Singapore

KEPPEL Corporation will focus, this year, on its asset monetisation programme and its "pivot towards an asset-light model", chief executive Loh Chin Hua said in the company's annual report that was published on Thursday (Mar 31).

Keppel will also further focus and simplify its business as part of its Vision 2030. "We see ourselves not as a conglomerate of diverse parts but as one integrated business providing solutions for sustainable urbanisation," said Loh.

The group will also continue to gravitate away from "lumpy earnings" towards recurring income.

Loh described 2021 as a "watershed year" for the company, as employees rallied to accelerate the execution …

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