Keppel

BROKERS’ TAKE

Analysts revise Keppel target price upwards to almost S$14 on strong earnings prospects

Shares end 4% up at S$12.10 on Monday, the highest close in over 12 years

Keppel's divestment of its majority stake in M1 to Simba Telecom, announced in 2025, has yet to be completed.

Keppel’s special dividend yet to include billion-dollar sale of M1

Loh Chin Hua, the asset manager’s CEO, is ‘very confident’ deal will go through despite delay

On Thursday (Feb 5), Keppel announced that Piyush Gupta will be appointed chairman come Apr 17.

Piyush Gupta to be Keppel chairman: What the ex-DBS chief has been up to post-retirement

From moderating conferences to traveling, Gupta has been engaged with a variety of activities

Keppel attributes its FY2025 performance to higher profits across all of its three business segments: infrastructure, real estate and connectivity.

Keppel H2 profit from continuing operations rises 27.2% to S$645.4 million; proposes special dividend

Company notes that it remains focused on optimising the speed of divestment of its non-core portfolio

Piyush Gupta will continue to serve in Keppel's nominating, remuneration and board sustainability and safety committees.

Piyush Gupta to be appointed Keppel chairman as Danny Teoh retires

Company’s share price more than trebled during Teoh’s chairmanship

Aster has scooped up energy-related assets, including Shell’s Singapore refining and refinery assets on Jurong Island.

Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant

The proposed facility will have a planned production capacity of up to 100,000 tonnes of the fuel a year

Keppel notes that detailed terms are still being finalised, and that it expects to execute the definitive agreement in the second quarter of 2026.

Keppel secures 25-year fibre pair deal on Bifrost Cable System with global telco

The trans-Pacific system began carrying commercial traffic in December 2025