Loh Chin Hua

The asset manager expects to cross S$100 billion in funds under management this year

Under the stewardship of Loh Chin Hua, the group books record profits and steps up its long-term sustainability solutions 

KEPPEL Corp posted a 20.9 per cent drop in quarterly net profit to S$160.5 million from a year earlier, mainly due to the absence of gain from the partial divestment of a Vietnam township project that had boosted profit previously.

KEPPEL Corp's third quarter net profit fell 30 per cent to S$159 million from a restated S$227 million a year ago in the absence of a divestment gain and higher net interest expense that was partly offset by higher contributions from associated companies and property trading projects in China and Singapore.

THE Ministry of Trade and Industry (MTI) on Tuesday announced the appointment of five new board members to the Singapore Economic Development Board (EDB).