Temasek’s bid to increase its Keppel stake has spurred renewed speculation from analysts that Keppel’s O&M division might be merged with SembMarine.
SembMarine told SGX Monday it wasn’t aware of any information to explain its share price surge, but pointed at Temasek’s partial bid for Keppel’s shares.
Singapore state-owned investment company Temasek said Monday it is making a bid to increase its stake in Keppel to 51% in a more than S$4 billion deal.
KGI upgraded Keppel Corp. to Overweight, saying weak earnings this year have likely been priced in.
These are Singapore companies which may be in focus on Monday, 21 October 2019: AIMS APAC REIT and Ho Bee Land.
Keppel Corp. reported Thursday its 3Q19 net profit dropped 30 percent on-year to S$159 million, mainly on year-ago gains from property divestments.
Sunpower said Wednesday it landed a series of manufacturing and services contracts valued at a total CNY71.7M from strategic partner, Wanhua Chemical.
Alpha Investment, via its funds, tied up with Allianz to buy 85% of Beijing office complex Ronsin Technology Center for about S$1.3B, Keppel said Wednesday.
Keppel Infrastructure Trust reported Monday it swung to a 3Q19 net profit after tax of S$3.74M, from a year ago loss, mainly on contributions from Ixom.
Keppel Philippines Properties said Friday it sold its stake in Buena Homes (Sandoval), or BHSI, to Jetson Realty & Dev. Corp. (JRDC).
These are Singapore companies which may be in focus on Wednesday, 9 October 2019: Comfort DelGro, SBS Transit, Hi-P, Fraser & Neave and Sembcorp.
Sembcorp Industries and the Energy Market Authority said Tuesday they have provided a grant to NTU to develop Singapore’s first virtual power plant (VPP).
Keppel entered a settlement deal with six Sete Brasil subsidiaries over six semisubmersible drilling rigs being built for them, Keppel said Monday.
These are Singapore companies which may be in focus on Friday, 4 October 2019: Ascendas REIT, Manulife US REIT, Raffles Infrastructure and Addvalue.
These are Singapore companies which may be in focus on Thursday, 3 October 2019: Lendlease Global Commercial REIT, Sunvic, Citic Envirotech and Spackman.
These are Singapore companies which may be in focus on Wednesday, 2 October 2019: Lendlease Global Commercial REIT, CapitaLand, Ascendas India Trust and Ezion.
Chip Eng Seng has entered a deal to acquire Sembcorp Design and Construction from Sembcorp Industries for S$49.9 million, the two companies said Wednesday.
These are Singapore companies which may be in focus on Tuesday, 1 October 2019: BreadTalk, Genting Singapore, Hyflux, First REIT, Sunpower and Spackman.
Sunpower said Monday it obtained a tender valued at around 49 million yuan (S$9.48 million) from repeat customer Sinopec Nanjing Engineering & Construction.
These are Singapore companies which may be in focus on Monday, 30 September 2019: Keppel, CityDev, Keppel Infrastructure Trust, OUE and Thai Beverage.
Keppel said Friday it entered deals to sell its stakes in Keppel Logistics (Foshan) and Keppel Logistics (Hong Kong) to Sinoway Shipping for S$39 million.
Keppel said Friday it entered a deal to acquire Zhangjiang Micro-electronic Port Block #3, a commercial property in Shanghai for CNY493M.
These are Singapore companies which may be in focus on Thursday, 26 September 2019: Lendlease Global Commercial REIT, F&N, Thai Beverage and GuocoLand.
Basslink’s interconnector is expected to return to service two weeks ahead of expectations, the company, which is part of Keppel Infrastructure Trust’s portfolio, said Wednesday.
These are Singapore companies which may be in focus on Wednesday, 25 September 2019: Thai Beverage, Keppel, Sembcorp Industries and Jardine C&C.
Keppel priced the issue of S$200 million notes due 2026 at 3.00 percent a year, the company said in a filing to SGX Tuesday.
Sembcorp said Tuesday it entered a joint venture deal with Becamex and VSIP to introduce sustainable smart energy services to Vietnam.
Keppel Land China entered a deal to acquire a 30% stake in office and retail development Westmin Plaza, for around HK$141.4 million, Keppel said Tuesday.
These are Singapore companies which may be in focus on Friday, 20 September 2019: UOB, MUST, Sunpower, Fortune REIT, POSH and TEE International.
The Indonesia Jinchuan WP & RKA Lateritic-Nickel-Ore Project power plant achieved grid connection, Sunpower said Thursday.
These are Singapore companies and other news which may be in focus on Wednesday, 18 September 2019: ST Engineering, MLT, ComfortDelGro and StarHub.
Citic Envirotech has entered a construction and cooperation deal with KBM for a desalination plant in Kazakhstan, the company said Monday.
TEE International said Monday its controlling shareholder, Phua Chian Kin, has informed the company he entered a binding term sheet to sell an around 23% stake.
These are Singapore companies and other developments which may be in focus on Monday, 16 September 2019: HKEx, CityDev and Ascendas Hospitality Trust.
Keppel DC REIT said Monday plans to raise around S$473.8 million via an equity fundraising to finance the proposed acquisitions of two data centers.
Keppel DC REIT entered deals to acquire two data centers in Singapore for a total of around S$585.1 million, the companies said in filings to SGX Monday.
TEE International said Friday its CEO and managing director, Phua Chian Kin, has informed the company he received offers to buy the shares he holds.
TEE International said Friday it appointed PricewaterhouseCoopers Risk Services as its external investigator to probe unauthorized remittances.
Singapore companies which may be in focus on Friday, 12 September 2019: GuocoLand, Cromwell European REIT, CapitaLand, TEE International, SGX and Sakae.
Sembcorp entered a deal to provide locally-sourced renewable power for UBS’s Singapore offices over the next 10 years, the two companies said Thursday.