So now we know why the Keppel Corporation's (BN4) counter was halted since Wednesday (21/01/2015), from the report that I read this morning, Keppel Corp is in the move to take their property arm, Keppel Land (K17) private. If the deal went through, it will be one of the biggest privatizations in recent year with a whopping $3.2 billions at stake. So, what is the deal? Keppel Corp will offer $4.38 per share of Keppel Land (this is about 20 percent above Keppel Land's last traded price of $3.65 on Tuesday). To top it off, it will bump up the price to $4.60 apiece if it manages to buy the whole company (which is 26% premium ). Note : The Net Asset Value (NAV) for Keppel Land as at 31 Dec 2014 is $4.95.  The Net Asset Value (NAV) for Keppel Corp ......