SUBSCRIBERS

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

Nisha Ramchandani

Nisha Ramchandani

Published Fri, Sep 5, 2014 · 10:00 PM

Singapore

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.

Copyright SPH Media. All rights reserved.