Keppel Corporation Limited (BN4.SI)
Chart Events
Performance Outlook
| Previous Close | 6.90 |
| Open | 6.90 |
| Bid | 6.96 x 0 |
| Ask | 6.97 x 0 |
| Day's Range | 6.83 - 6.97 |
| 52 Week Range | 5.04 - 7.07 |
| Volume | |
| Avg. Volume | 3,586,847 |
| Market Cap | 12.343B |
| Beta (5Y Monthly) | 0.87 |
| PE Ratio (TTM) | 38.30 |
| EPS (TTM) | 0.61 |
| Earnings Date | Jul 28, 2022 |
| Forward Dividend & Yield | 0.30 (4.36%) |
| Ex-Dividend Date | Aug 08, 2022 |
| 1y Target Est | N/A |
- Reuters
Temasek-backed oil rig builders agree $6.3 billion merger amid sector downturn
SINGAPORE (Reuters) -Singapore's Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn. The lossmaking oil rig builders have been whiplashed by years of oversupply, oil price volatility and a drop in new orders. The combination "brings together two leading O&M companies in Singapore to create a stronger player that can realise synergies and compete more effectively amidst the energy transition," Keppel CEO Loh Chin Hua said.
- Reuters
Singapore Press says shareholders approve acquisition by Cuscaden Peak
Singapore Press Holdings (SPH) said on Tuesday its shareholders had approved acquisition by Cuscaden Peak, after it announced it was terminating rival bidder Keppel Corp's offer. Both Cuscaden Peak and Keppel Corp are linked to state investor Temasek, and the deal had sparked a rare bidding war between the two groups, with the former offering S$2.40 per share, or S$3.9 billion ($2.87 billion), and the latter offering S$2.351 per share or S$3.74 billion for SPH's real estate business. Keppel Corp, which counts Temasek Holdings as a major shareholder, has previously said it did not agree with SPH's move to terminate its offer.
- Reuters
Tycoon-backed group seeks to win over shareholders in tussle for Singapore firm
(Reuters) -Cuscaden Peak, which trumped a bid to take control of Singapore Press Holdings (SPH), is seeking support from SPH's shareholders to vote against its rival's offer as it aims to seal the deal, a senior executive told Reuters. The comments come hours after Keppel Corp on Tuesday said it would stick to its final offer following Cuscaden's sweetened nL1N2S50O1S$3.9 billion ($2.9 billion) bid, in a rare bidding war between two groups linked to Singapore state investor Temasek. Cuscaden - a consortium of billionaire property tycoon Ong Beng Seng's Hotel Properties and two independently managed portfolio companies of Temasek - will need SPH shareholders to first vote against Keppel's offer at a meeting next month, before a second vote later in favour of its own bid.
