Financial PerformanceKeppel Corporation showcased a 68% year-on-year increase in asset management fees, reaching S$299m, indicating strong business execution.
Growth PotentialThe huge wave in data centre demand has catalysed multiple growth drivers for Keppel, including opportunities for divestment gains and long-term recurrent asset management, operations, and maintenance fees.
Strategic ExpansionKeppel aims to double its Funds Under Management (FUM) to SGD100bn by 2026 and quadruple to SGD200bn by 2030, indicating promising earnings growth.