Keppel Corp unit to acquire 10% stake in LNG carrier owner


KEPPEL Corporation, via its indirect wholly-owned subsidiary, KSI Production, is acquiring a 10 per cent stake in Golar Hilli Corp from Golar GHK Lessors for US$50.

The consideration took into account the book value and net tangible asset value of the acquired shares, "being US$50 as at September 1, 2014", Keppel said on Friday.

KSI Production had entered into a sale and purchase agreement to acquire 50 ordinary shares in Golar Hilli, which is the owner of the Moss LNG carrier HILLI that Keppel...

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