Keppel Corporation

The joint venture company will manage investment properties with potential for asset enhancement initiatives in China.

Keppel Corp has proposed the acquisition of SPH, minus its media assets, for $2.2b.

The proposed transaction is expected to be completed by December 2021.

This is the last trading day before the ghost month.

All of its key businesses were profitable in the first six months of the year.

Singtel, Keppel Corp, and OCBC Bank led the Straits Times Index on 29 July.

The sale is worth RMB1,561m (S$324m). 

The SMAs are focused on global infrastructure projects.

Most shares traded sideways on Friday, 23 July.

Singapore Airlines and Singapore Airport Terminal Services flew high this trading day.

The counterparty has withheld about US$11.3m and claimed payment of US$31.2m from the subsidiaries.

Only four listed companies traded in the green on Wednesday.

Its completion is expected to take place in the third quarter of this year.

Only Jardine Matheson, Yangzijiang Shipbuilding, and Dairy Farm stayed on the green.

It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.

Keppel Corp fell by 0.74%.