27 January 12 | The Business Times by Lynn Kan
KEPPEL Corporation sent off 2011 with a record full-year net profit attributable to shareholders of $1.49 billion, up a strong 14 per cent from $1.31 billion in 2010. And while it does not expect to streak to another easy record in 2012, the world's top rig builder thinks the coming year augurs well for the oil and gas industry. 'Global demand for oil is projected to continue rising,' said chief...
27 January 12 | The Business Times by Ronnie Lim
WITH Singapore currently studying how best to secure future LNG supplies for power plants and industries here as well as for potential trading purposes, Keppel Corporation is set to play a role, says its CEO Choo Chiau Beng. The Singapore conglomerate - already a leading global offshore rig and shipbuilder, power producer and also gas importer bringing in piped natural gas from Malaysia - is...
26 January 12 | The Business Times by Lynn Kan
SHIPYARD Jaya Holdings jumped 13.4 per cent to 55 cents yesterday on talk that it is in the acquisition crosshairs of Dutch shipbuilder IHC Merwede. A CIMB research report released yesterday said there was a 'high likelihood' that IHC would acquire Jaya at an offer of 65 cents a share. In a statement in the evening, Jaya said it previously received an expression of interest from IHC Merwede to...