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Compiled by Navin Sregantan KEPPEL CORPORATION | BUY (MAINTAINED) APRIL 22 CLOSE: $6.90 FAIR VALUE: $7.83 OCBC Investment Research, April 22 Keppel Corporation saw a 4.1 per cent year-on-year increase in...

Results are in line as CCT continues to achieve stellar portfolio occupancy of 99.1 per cent.

CCT could also explore acquiring 29-storey ASB Tower - the former CPF Building - at 79 Robinson Road, given that CapitaLand's acquisition of Ascendas-SingBridge was approved by shareholders. In particular, the banking district in Frankfurt, where Galileo is strategically located, boasts record low vacancy rates.

 

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Keppel O&M secures contracts worth S$160m from repeat customersKEPPEL Corporation unit Keppel Offshore & Marine (Keppel O&M) has, through its subsidiaries, secured integration and upgrading contracts worth about S$160 million in total, Keppel announced on Wednesday night. Read more at The Business Times.
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Keppel O&M gets final nod to proceed with Gimi FLNG project worth US$947mKEPPEL Offshore & Marine's (Keppel O&M) subsidiary, Keppel Shipyard, has received final approval to start full conversion works for the Gimi Floating Liquefaction Vessel (FLNG) project, worth some US$947 million. Read more at The Business Times.
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Keppel Corp posts lower Q1 net profit, eyes 15% mid- to long-term ROEDESPITE posting a 40 per cent lower net profit of S$202.9 million for the first quarter of financial year 2019 - as a result of smaller gains from en bloc sales of residential projects - Keppel Corporation is targeting a mid- to long-term return on equity (ROE) of 15 per cent for the group. Read more at The Business Times.
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Keppel Corp posts lower net profit of S$202.9 millionKEPPEL Corporation is targeting a mid-to long-term return on equity (ROE) of 15 per cent, even as it reported a 40 per cent drop in first quarter net profit to S$202.9 million. Read more at The Business Times.
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Keppel Reit posts Q1 DPU of 1.39 Singapore centsKEPPEL Reit on Wednesday announced that its first-quarter distribution per unit (DPU) fell 2.1 per cent year-on-year to 1.39 Singapore cents. Read more at The Business Times.
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Keppel Reit to buy majority stake in freehold office building in Seoul for 252.6b wonKEPPEL Reit is acquiring a 99.38 per cent stake in T Tower, a freehold Grade A office building located in Seoul’s central business district (CBD), for some 252.6 billion won (about S$301.4 million), its manager Keppel Reit Management announced on Tuesday. Read more at The Business Times.
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