Keppel Corporation Limited (SG:BN4) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Keppel Corporation Limited has successfully completed a selective capital reduction exercise for Rigco Holding Pte. Ltd., making it a wholly-owned subsidiary under Keppel’s indirect control. This strategic move consolidates Keppel’s position and could impact its financial standing, attracting attention from investors interested in corporate restructuring and asset management. The completion of this exercise underscores Keppel’s commitment to optimizing its business portfolio.
For further insights into SG:BN4 stock, check out TipRanks’ Stock Analysis page.
