Keppel's remaking of itself a work in progress

KEPPEL Corp was one of the first Singapore-listed companies I ever researched. It was back in early 2002, and its shares were soaring on excitement about the group's efforts to refocus itself around 3 divisions: offshore and marine (O&M), infrastructure, and property development.

Twenty years on, Keppel has once again caught the attention of the market as it works towards transforming itself - this time, from "a conglomerate of largely unrelated parts" to an integrated provider of "solutions for sustainable urbanisation".

The group is now organised around 4 business divisions: energy and environment, urban development, connectivity, and asset management.