tiprankstipranks
Keppel Corporation Streamlines with Subsidiary Amalgamation
Company Announcements

Keppel Corporation Streamlines with Subsidiary Amalgamation

Keppel Corporation Limited (SG:BN4) has released an update.

Keppel Corporation Limited has announced the amalgamation of two of its indirect wholly-owned subsidiaries, Keppel Fund Management Limited and Keppel Capital Alternative Asset Pte. Ltd., to optimize its organizational structure. The merged entity, operational from 28 June 2024, is not anticipated to significantly affect the company’s net tangible assets or earnings per share for the current financial year.

For further insights into SG:BN4 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskKeppel Corp Subsidiary De-Registration Non-Impactful
TipRanks Singapore Auto-Generated NewsdeskKeppel Corporation Unveils Key Leadership Shake-up
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!