$KEPPEL CORPORATION LIMITED(BN4.SI)$is to be take note 📝 of, one of the SGX 🇸🇬 stock that made great improvements recently.
Keppel O&M and Sembmarine merger [Grin] [Like] .
Announcement combination in June 2021, as well as on the sale of Keppel O&M's legacy rigs and associated receivables to a separate "Asset Co"retain a stake of up to 20% in the Asset Co as an investment, and will share the potential upside from the legacy rigs and the recovery of the O&M business.
(I see, so they still got 20%[Surprised] )
Now focus on renewables, new energy and decarbonisation solutions (Not a bad idea 💡 to me [Thinking] )
Keppel O&M and Sembmarine combined entity = accelerate the companies' pivot towards renewables and clean energy.
"The combined entity would be better positioned to compete for larger contracts, benefiting from the increased operational scale, a broader geographic footprint and the enhanced capabilities of a larger entity," Keppel said in a written response. " [Surprised] +[Grin]
Capitalise on growing opportunities amid the energy transition. [Like]
Keppel's Vision 2030 is a strategic long-term plan for sustained growth via several key initiatives like asset monetisation, business transformation, driving integration and improving earnings.
Divestment of Keppel O&M was in line with Keppel's Vision 2030. [Grin]
Negotiations with Sembmarine and work towards a definitive agreement by April 30.
I had a feeling that $KEPPEL CORPORATION LIMITED(BN4.SI)$will be great again at 8 SGD to 10 SGD = my wold guess [Helpless] . Who knows [Sly] .
DYODD before investing [OK]
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typo [Facepalm]