Keppel (KEP SP): Keppel O&M/Sembcorp Marine Transaction Moves Towards Completion
The divestment of Keppel O&M will further move Keppel towards a more asset-light and recurring earnings model, providing a helpful tailwind to hit...
515 Views
Keppel (KEP SP) Vote on Keppel O&M and Sembcorp Marine Transaction on 8 Dec
The transaction is a win-win for both sets of shareholders. The vote requires majority shareholder approval. Our Keppel SoTP valuation is S$8.30...
916 Views
Keppel: Keppel O&M and Sembcorp Marine’s Revised Terms
Revised terms are an acceptable compromise for KEP shareholders - lower the overall value but result in a shorter deal completion, higher EPS...
336 Views
Global Utility Stocks Maintain Defensive Line in 2022 YTD
Utility Stocks have outpaced global stock benchmarks since the end of 2021 with global utility indices generating near even total returns while...
347 Views
Keppel: A Massive Winner from Keppel O&M and Sembcorp Marine’s Combination
The agreed equity value exchange ratio between Keppel O&M and Sembcorp Marine is 56%:44%. The transaction is a big win for Keppel shareholders as...
540 Views