5 Things You Need to Know About Keppel Corporation’s Major Reorganisation

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5 Things You Need to Know About Keppel Corporation’s Major Reorganisation

The Smart Investor2023-05-04

Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation ...

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hahahabii
·2023-05-08
[Strong]
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Deshost
·2023-05-04
May I say something different, looking from both sides of the same coin. Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However, unless we also know of a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark
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- Bodoh:
  Good to dream big
  2023-05-09
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- FrankRebecca:
  We’d better hold more cash during this time.
  2023-05-07
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- Guy:
  What is the same coin mentioned here?
  2023-05-07
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icycrystal
·2023-05-04
Thanks for sharing
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The creation of three platformsAs part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.2. Identifying macro trendsKeppel has identified macro trends that can act as catalysts to take its business to the next level.There are four clear trends that the group has identified.The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.3. Updating its Vision 2030 goalsIt has been three years since Keppel first announced its Vision 2030 goals back in May 2020.Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.The group has progressed significantly since then as it has divested its Offshore and Marine business to Seatrium Limited (SGX: S51) and retained a 5% stake in the new entity.Keppel is now updating its Vision 2030 goals by setting new targets.AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.4. Devising a virtuous investment cycleKeppel has a clear plan on how to achieve its S$200 billion AUM target.It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.The Investment Platform then builds a pipeline of quality investments with attractive return profiles.Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.5. A change in reporting structureFor its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! 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The creation of three platforms</h2><p>As part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.</p><p>These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.</p><p>The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.</p><p>Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.</p><p>Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.</p><p>By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.</p><p>It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.</p><h2>2. Identifying macro trends</h2><p>Keppel has identified macro trends that can act as catalysts to take its business to the next level.</p><p>There are four clear trends that the group has identified.</p><p>The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.</p><p>Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.</p><p>Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.</p><p>These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.</p><h2>3. Updating its Vision 2030 goals</h2><p>It has been three years since Keppel first announced its Vision 2030 goals back in May 2020.</p><p>Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.</p><p>The group has progressed significantly since then as it has divested its Offshore and Marine business to <strong>Seatrium</strong> <strong>Limited</strong> (SGX: S51) and retained a 5% stake in the new entity.</p><p>Keppel is now updating its Vision 2030 goals by setting new targets.</p><p>AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.</p><p>Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.</p><p>Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.</p><p>With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.</p><h2>4. Devising a virtuous investment cycle</h2><p>Keppel has a clear plan on how to achieve its S$200 billion AUM target.</p><p>It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.</p><p>First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.</p><p>The Investment Platform then builds a pipeline of quality investments with attractive return profiles.</p><p>Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.</p><p>Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.</p><h2>5. A change in reporting structure</h2><p>For its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.</p><p>By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.</p><p>This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.</p><p>Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.</p><p>First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Things You Need to Know About Keppel Corporation’s Major Reorganisation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Things You Need to Know About Keppel Corporation’s Major Reorganisation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-04 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0109392836.USD":"富兰克林科技股A","SG9999014302.SGD":"RHB Singapore Income Fund SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK4535":"淡马锡持仓","BK4023":"应用软件","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK4527":"明星科技股","BK4538":"云计算","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","LU1046421795.USD":"富达环球科技A-ACC","BK6111":"工业集团企业","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK4581":"高盛持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BN4.SI":"吉宝有限公司","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BK4548":"巴美列捷福持仓","BK6504":"工业制品概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","BK6523":"ESG概念","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","BK4532":"文艺复兴科技持仓"},"source_url":"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332900454","content_text":"Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation Limited (SGX: BN4) is taking this wisdom to heart.The blue-chip group has announced the next phase of its transformation by embarking on a major reorganisation to simplify its operating structure and go asset-light.It’s a great move by management.Marc Benioff, the CEO of Salesforce (NYSE: CRM), has been quoted saying “You must always be able to predict what’s next and then have the flexibility to evolve.”Keppel is taking on this mantra by ensuring that it stays ahead and evolves to fulfil future needs.Here are five things you should know about the group’s reorganisation.1. The creation of three platformsAs part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.2. Identifying macro trendsKeppel has identified macro trends that can act as catalysts to take its business to the next level.There are four clear trends that the group has identified.The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.3. Updating its Vision 2030 goalsIt has been three years since Keppel first announced its Vision 2030 goals back in May 2020.Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.The group has progressed significantly since then as it has divested its Offshore and Marine business to Seatrium Limited (SGX: S51) and retained a 5% stake in the new entity.Keppel is now updating its Vision 2030 goals by setting new targets.AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.4. Devising a virtuous investment cycleKeppel has a clear plan on how to achieve its S$200 billion AUM target.It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.The Investment Platform then builds a pipeline of quality investments with attractive return profiles.Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.5. A change in reporting structureFor its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947234529,"gmtCreate":1683175605062,"gmtModify":1683175908853,"author":{"id":"4090382051893560","authorId":"4090382051893560","name":"Deshost","avatar":"https://community-static.tradeup.com/news/7a8c57f0d0e18dca8d6ab148e9f7acce","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4090382051893560","authorIdStr":"4090382051893560"},"htmlText":"May I say something different, looking from both sides of the same coin.&nbsp; Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However,&nbsp; unless we also know of&nbsp;a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth&nbsp;plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark","listText":"May I say something different, looking from both sides of the same coin.&nbsp; Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However,&nbsp; unless we also know of&nbsp;a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth&nbsp;plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark","text":"May I say something different, looking from both sides of the same coin. Vision 2030 looks great on paper and can only be realised if the projections and expected growth are in sync with actual and market situation from now to 2030. The grand vision of 4 fold jump of AUM from current 50 billions to 200 billions and similarly bullish growth and monetisation looks impressive and salivary. However, unless we also know of a contingency plan to see through the expected targets if the future market situation is not in accordance to projected growth plan. Hitherto, all these are just a grand vision and plan before materialisation. And on the flip side of the coin, there's the opposite - remember the not too distant past of Keppel Corp share plunge when the stick was the mark","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":156,"commentSize":14,"repostSize":6,"link":"https://ttm.financial/post/9947234529","repostId":2332900454,"repostType":4,"repost":{"id":"2332900454","kind":"highlight","pubTimestamp":1683164797,"share":"https://ttm.financial/m/news/2332900454?lang=&edition=fundamental","pubTime":"2023-05-04 09:46","market":"sg","language":"en","title":"5 Things You Need to Know About Keppel Corporation’s Major Reorganisation","url":"https://stock-news.laohu8.com/highlight/detail?id=2332900454","media":"The Smart Investor","summary":"The conglomerate is embarking on the next leg of its transformation with a major reorganisation.","content":"<html><head></head><body><p>Evolution is the reason why nature’s flora and fauna have become so diverse.</p><p>Similar to organisms, companies also need to constantly evolve as the business environment changes.</p><p><strong>Keppel Corporation Limited</strong> (SGX: BN4) is taking this wisdom to heart.</p><p>The blue-chip group has announced the next phase of its transformation by embarking on a major reorganisation to simplify its operating structure and go asset-light.</p><p>It’s a great move by management.</p><p>Marc Benioff, the CEO of <strong>Salesforce</strong> (NYSE: CRM), has been quoted saying “You must always be able to predict what’s next and then have the flexibility to evolve.”</p><p>Keppel is taking on this mantra by ensuring that it stays ahead and evolves to fulfil future needs.</p><p>Here are five things you should know about the group’s reorganisation.</p><h2>1. The creation of three platforms</h2><p>As part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.</p><p>These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.</p><p>The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.</p><p>Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.</p><p>Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.</p><p>By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.</p><p>It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.</p><h2>2. Identifying macro trends</h2><p>Keppel has identified macro trends that can act as catalysts to take its business to the next level.</p><p>There are four clear trends that the group has identified.</p><p>The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.</p><p>Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.</p><p>Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.</p><p>These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.</p><h2>3. Updating its Vision 2030 goals</h2><p>It has been three years since Keppel first announced its Vision 2030 goals back in May 2020.</p><p>Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.</p><p>The group has progressed significantly since then as it has divested its Offshore and Marine business to <strong>Seatrium</strong> <strong>Limited</strong> (SGX: S51) and retained a 5% stake in the new entity.</p><p>Keppel is now updating its Vision 2030 goals by setting new targets.</p><p>AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.</p><p>Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.</p><p>Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.</p><p>With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.</p><h2>4. Devising a virtuous investment cycle</h2><p>Keppel has a clear plan on how to achieve its S$200 billion AUM target.</p><p>It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.</p><p>First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.</p><p>The Investment Platform then builds a pipeline of quality investments with attractive return profiles.</p><p>Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.</p><p>Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.</p><h2>5. A change in reporting structure</h2><p>For its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.</p><p>By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.</p><p>This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.</p><p>Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.</p><p>First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Things You Need to Know About Keppel Corporation’s Major Reorganisation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Things You Need to Know About Keppel Corporation’s Major Reorganisation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-04 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0109392836.USD":"富兰克林科技股A","SG9999014302.SGD":"RHB Singapore Income Fund SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK4535":"淡马锡持仓","BK4023":"应用软件","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK4527":"明星科技股","BK4538":"云计算","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","LU1046421795.USD":"富达环球科技A-ACC","BK6111":"工业集团企业","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK4581":"高盛持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BN4.SI":"吉宝有限公司","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BK4548":"巴美列捷福持仓","BK6504":"工业制品概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","BK6523":"ESG概念","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","BK4532":"文艺复兴科技持仓"},"source_url":"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332900454","content_text":"Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation Limited (SGX: BN4) is taking this wisdom to heart.The blue-chip group has announced the next phase of its transformation by embarking on a major reorganisation to simplify its operating structure and go asset-light.It’s a great move by management.Marc Benioff, the CEO of Salesforce (NYSE: CRM), has been quoted saying “You must always be able to predict what’s next and then have the flexibility to evolve.”Keppel is taking on this mantra by ensuring that it stays ahead and evolves to fulfil future needs.Here are five things you should know about the group’s reorganisation.1. The creation of three platformsAs part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.2. Identifying macro trendsKeppel has identified macro trends that can act as catalysts to take its business to the next level.There are four clear trends that the group has identified.The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.3. Updating its Vision 2030 goalsIt has been three years since Keppel first announced its Vision 2030 goals back in May 2020.Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.The group has progressed significantly since then as it has divested its Offshore and Marine business to Seatrium Limited (SGX: S51) and retained a 5% stake in the new entity.Keppel is now updating its Vision 2030 goals by setting new targets.AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.4. Devising a virtuous investment cycleKeppel has a clear plan on how to achieve its S$200 billion AUM target.It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.The Investment Platform then builds a pipeline of quality investments with attractive return profiles.Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.5. A change in reporting structureFor its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106351601,"gmtCreate":1683597648645,"gmtModify":1683597654899,"authorId":3559859558754319,"author":{"id":3559859558754319,"idStr":"3559859558754319","authorId":3559859558754319,"name":"Bodoh","avatar":"https://static.tigerbbs.com/349218ea2852130ca86ce660b4aa2d59","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.19%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947234529,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Good to dream big</span>","text":"<span class=\"s1\">Good to dream big</span>","html":"<span class=\"s1\">Good to dream big</span>"},{"id":106349206,"gmtCreate":1683451198450,"gmtModify":1683451204921,"authorId":9000000000000583,"author":{"id":9000000000000583,"idStr":"9000000000000583","authorId":9000000000000583,"name":"FrankRebecca","avatar":"https://static.tigerbbs.com/1d5adf454a12436f689bf03957e56db7","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947234529,"type":1,"supId":0,"prevId":0,"content":"<p>We’d better hold more cash during this time.</p>","text":"<p>We’d better hold more cash during this time.</p>","html":"<p>We’d better hold more cash during this time.</p>"},{"id":106349202,"gmtCreate":1683451067351,"gmtModify":1683451073870,"authorId":9000000000000570,"author":{"id":9000000000000570,"idStr":"9000000000000570","authorId":9000000000000570,"name":"Guy","avatar":"https://static.tigerbbs.com/ba8aa4cb116251d941ecb460f20f465b","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947234529,"type":1,"supId":0,"prevId":0,"content":"<p>What is the same coin mentioned here?</p>","text":"<p>What is the same coin mentioned here?</p>","html":"<p>What is the same coin mentioned here?</p>"},{"id":106349199,"gmtCreate":1683451026257,"gmtModify":1683451032812,"authorId":9000000000000583,"author":{"id":9000000000000583,"idStr":"9000000000000583","authorId":9000000000000583,"name":"FrankRebecca","avatar":"https://static.tigerbbs.com/1d5adf454a12436f689bf03957e56db7","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947234529,"type":1,"supId":0,"prevId":0,"content":"<p>Things are changing everyday so we need to be more cautious.</p>","text":"<p>Things are changing everyday so we need to be more cautious.</p>","html":"<p>Things are changing everyday so we need to be more cautious.</p>"},{"id":106345603,"gmtCreate":1683196106999,"gmtModify":1683196110206,"authorId":3574984385549978,"author":{"id":3574984385549978,"idStr":"3574984385549978","authorId":3574984385549978,"name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947234529,"type":1,"supId":0,"prevId":0,"content":"create new <u>jobs</u>","text":"create new <u>jobs</u>","html":"create new <u>jobs</u>"}],"langContent":"EN"},{"id":9947297683,"gmtCreate":1683166316142,"gmtModify":1683166320082,"author":{"id":"4132300740238052","authorId":"4132300740238052","name":"icycrystal","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4132300740238052","authorIdStr":"4132300740238052"},"htmlText":"Thanks for sharing","listText":"Thanks for sharing","text":"Thanks for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947297683","repostId":2332900454,"repostType":2,"repost":{"id":"2332900454","kind":"highlight","pubTimestamp":1683164797,"share":"https://ttm.financial/m/news/2332900454?lang=&edition=fundamental","pubTime":"2023-05-04 09:46","market":"sg","language":"en","title":"5 Things You Need to Know About Keppel Corporation’s Major Reorganisation","url":"https://stock-news.laohu8.com/highlight/detail?id=2332900454","media":"The Smart Investor","summary":"The conglomerate is embarking on the next leg of its transformation with a major reorganisation.","content":"<html><head></head><body><p>Evolution is the reason why nature’s flora and fauna have become so diverse.</p><p>Similar to organisms, companies also need to constantly evolve as the business environment changes.</p><p><strong>Keppel Corporation Limited</strong> (SGX: BN4) is taking this wisdom to heart.</p><p>The blue-chip group has announced the next phase of its transformation by embarking on a major reorganisation to simplify its operating structure and go asset-light.</p><p>It’s a great move by management.</p><p>Marc Benioff, the CEO of <strong>Salesforce</strong> (NYSE: CRM), has been quoted saying “You must always be able to predict what’s next and then have the flexibility to evolve.”</p><p>Keppel is taking on this mantra by ensuring that it stays ahead and evolves to fulfil future needs.</p><p>Here are five things you should know about the group’s reorganisation.</p><h2>1. The creation of three platforms</h2><p>As part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.</p><p>These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.</p><p>The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.</p><p>Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.</p><p>Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.</p><p>By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.</p><p>It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.</p><h2>2. Identifying macro trends</h2><p>Keppel has identified macro trends that can act as catalysts to take its business to the next level.</p><p>There are four clear trends that the group has identified.</p><p>The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.</p><p>Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.</p><p>Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.</p><p>These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.</p><h2>3. Updating its Vision 2030 goals</h2><p>It has been three years since Keppel first announced its Vision 2030 goals back in May 2020.</p><p>Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.</p><p>The group has progressed significantly since then as it has divested its Offshore and Marine business to <strong>Seatrium</strong> <strong>Limited</strong> (SGX: S51) and retained a 5% stake in the new entity.</p><p>Keppel is now updating its Vision 2030 goals by setting new targets.</p><p>AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.</p><p>Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.</p><p>Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.</p><p>With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.</p><h2>4. Devising a virtuous investment cycle</h2><p>Keppel has a clear plan on how to achieve its S$200 billion AUM target.</p><p>It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.</p><p>First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.</p><p>The Investment Platform then builds a pipeline of quality investments with attractive return profiles.</p><p>Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.</p><p>Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.</p><h2>5. A change in reporting structure</h2><p>For its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.</p><p>By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.</p><p>This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.</p><p>Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.</p><p>First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.</p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Things You Need to Know About Keppel Corporation’s Major Reorganisation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Things You Need to Know About Keppel Corporation’s Major Reorganisation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-04 09:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU0109392836.USD":"富兰克林科技股A","SG9999014302.SGD":"RHB Singapore Income Fund SGD","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","BK4535":"淡马锡持仓","BK4023":"应用软件","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK4527":"明星科技股","BK4538":"云计算","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4588":"碎股","LU1046421795.USD":"富达环球科技A-ACC","BK6111":"工业集团企业","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","SG9999001127.SGD":"United Singapore Growth Fund SGD","BK4581":"高盛持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BN4.SI":"吉宝有限公司","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","BK4548":"巴美列捷福持仓","BK6504":"工业制品概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","BK6523":"ESG概念","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","BK4532":"文艺复兴科技持仓"},"source_url":"https://thesmartinvestor.com.sg/5-things-you-need-to-know-about-keppel-corporations-major-reorganisation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2332900454","content_text":"Evolution is the reason why nature’s flora and fauna have become so diverse.Similar to organisms, companies also need to constantly evolve as the business environment changes.Keppel Corporation Limited (SGX: BN4) is taking this wisdom to heart.The blue-chip group has announced the next phase of its transformation by embarking on a major reorganisation to simplify its operating structure and go asset-light.It’s a great move by management.Marc Benioff, the CEO of Salesforce (NYSE: CRM), has been quoted saying “You must always be able to predict what’s next and then have the flexibility to evolve.”Keppel is taking on this mantra by ensuring that it stays ahead and evolves to fulfil future needs.Here are five things you should know about the group’s reorganisation.1. The creation of three platformsAs part of its reorganisation, Keppel will adopt a horizontally-integrated business model with three distinct platforms.These three platforms are the Fund Management Platform, Investment Platform, and Operating Platform.The focus of the Fund Management Platform is to raise capital for the group and engage with and forge strong relationships with investors.Capital deployment decisions are the mainstay of the Investment Platform as this division seeks to create value for investors.Finally, the Operating Platform will house all of the group’s existing business units and will leverage Keppel’s shared support functions for better synergies.By streamlining its structure, Keppel plans to remove its conglomerate structure to form one integrated business.It will also be on track to achieving its vision of being asset-light so that the group can enjoy healthy business synergies.2. Identifying macro trendsKeppel has identified macro trends that can act as catalysts to take its business to the next level.There are four clear trends that the group has identified.The first is investors increasing their allocation to real assets, while another is the switch from fossil fuels to alternative, cleaner sources of energy.Preqin estimates that the alternatives assets under management (AUM) will grow by 5.8 times from US$4 trillion back in 2010 to an estimated US$23.2 trillion by 2026.Next, Keppel has also identified digitalisation and ageing populations as trends that it can tap into.These four trends act as opportunities for the group to seize as it scales up its commitment to achieving its Vision 2030 objectives.3. Updating its Vision 2030 goalsIt has been three years since Keppel first announced its Vision 2030 goals back in May 2020.Back then, it already has the goal of being asset-light and achieving a target return on equity of 15%.The group has progressed significantly since then as it has divested its Offshore and Marine business to Seatrium Limited (SGX: S51) and retained a 5% stake in the new entity.Keppel is now updating its Vision 2030 goals by setting new targets.AUM is targeted to grow fourfold from the current S$50 billion to S$200 billion by 2030.Cumulative asset monetisation is projected to reach S$5 billion by this year and hit S$17.5 billion in seven years.Keppel has set intermediate targets of S$100 billion AUM and S$10 billion to S$12 billion in asset monetisation by 2026.With synergies derived from centralising and optimising support functions across its platforms, the group hopes to achieve S$60 to S$70 million in annual savings by 2026.4. Devising a virtuous investment cycleKeppel has a clear plan on how to achieve its S$200 billion AUM target.It intends to achieve this with the creation of a virtuous investment cycle by harnessing its three platforms.First off, the Fund Management Platform will raise funds, acquire assets and optimise its portfolio.The Investment Platform then builds a pipeline of quality investments with attractive return profiles.Finally, Keppel’s Operating Platform will add value to management’s operating expertise and drive attractive investment performance.Investors who enjoy healthy returns will then be encouraged to pump in more funds so that Keppel can gather assets at an accelerated pace, thus bringing it closer to its eventual target.5. A change in reporting structureFor its fiscal 2023’s first-half earnings, Keppel will adopt a new reporting structure known as horizontal reporting.By doing so, the group hopes to demonstrate its ability to capture multiple income streams through its new operating model.This new reporting will also turn investors’ attention to Keppel’s recurring income generation and will throw the spotlight on the growth and scalability of its fee-based asset management arm.Additional disclosures will also accompany this new reporting structure to help investors to better understand and value the group.First-time investors: We’ve finally released our beginner’s guide to investing. Read it in an afternoon, follow the principles, pick an investing style and buy your first SGX stocks within the next few hours! Click here to download it for free.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":18,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}