SGX Stocks and Warrants

Author: kimeng   |   Latest post: Thu, 14 Feb 2019, 09:07 AM


Keppel Corporation: M1 and Keppel T&T Shares Halted This Morning

Author:   |    Publish date:

Keppel Corporation (KEP) announced this morning that together with Singapore Press Holdings, it is considering a transaction involving its indirect interest with M1 which may or may not lead to a transaction for the shares in M1. It is also concurrently considering a transaction involving its interest in Keppel T&T, which may or may not lead to a transaction.

Trading in both M1 and Keppel T&T shares have been halted this morning.

Recall that Keppel T&T has a 19.3% stake in M1, while KEP has a 79.2% stake in Keppel T&T. We have a BUY rating on KEP with a FV estimate of S$8.38.

Source: OCBC Research - 24 Sept 2018

Share this
Labels: Keppel Corp

Related Stocks

Chart Stock Name Last Change Volume 
Keppel Corp 6.12 -0.02 (0.33%) 1,434,400 

  Be the first to like this.


123  159  203  614 

Top 10 Active Counters
 LION-PHILLIP .. 1.028-0.006 
 STI ETF 3.26-0.005 
 HSI27000MBePW.. 0.108+0.01 
 HSI26800MBePW.. 0.0690.00 
 HSI26400MBePW.. 0.082+0.006 
 ABF SG BOND ETF 1.135-0.004 
 NikkoAM-STC A.. 1.178-0.005 
 HSI29000MBeCW.. 0.092-0.012 
 HSI28600MBeCW.. 0.143-0.014 
 Ezion 0.042-0.001 
Partners & Brokers