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Rolf’s Thoughts: How Is Keppel Going to Monetize S$17.5 billions and Revamp It’s O&M Business?
By Rolf Suey - Invest in Yourself  •  September 30, 2020
Keppel share price has been badly battered down lately. The share price need a boost and it came from a news from Keppel’s CEO last night, that billions of dollars of assets could potentially be monetized over coming years. Source: CNA excerpts“SINGAPORE: Singaporean conglomerate Keppel Corp said on Tuesday (Sep 29) it had identified assets worth S$17.5 billion that could potentially be monetised, including through sales, and started a review of its loss making offshore and marine (O&M) business.  The plans unveiled on Tuesday are part of Keppel's 10-year strategy that it had flagged earlier this year to refocus its portfolio to energy and environment, urban development, connectivity and asset management. Keppel said it was exploring options including strategic mergers and disposals for its offshore and marine business, which builds oil rigs and has been battered by falling energy prices.” My thoughts below… Disclaimer: Please note that the below post...
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By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
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