Keppel Corporation Refers To Announcement By Krisenergy Relating To Section 211B Application [Reuters]
KEPPEL CORP LTD S/ADR (KPELY)
NASDAQ:AMEX Investor Relations:
m.kepcorp.com/en/content.aspx?sid=50
Company Research
Source: Reuters
Keppel Corporation Ltd (KPLM.SI) Key Developments | Reuters.com Aug 15 (Reuters) - Keppel Corporation Ltd ::REFERS TO ANNOUNCEMENT BY KRISENERGY RELATING TO SECTION 211B APPLICATION.CO HAS EXPRESSED SUPPORT FOR KRISENERGY'S 211B APPLICATION.HELPED DBS MAKE EXTRA FUNDING AVAILABLE FOR KRISENERGY'S EXPENSES, SAFEGUARD ASSETS & RETAIN POSSIBILITY OF SUCCESSFUL FINANCIAL RESTRUCTURING.PREMATURE FOR CO TO SPECULATE AS TO WHAT IMPACT KRISENERGY'S DEBT RESTRUCTURING WILL HAVE ON VALUE OF DIRECT INVESTMENTS IN KRISENERGY. Full Article July 11 (Reuters) - Keppel Corporation Ltd ::ANNOUNCES FORMATION OF JOINT VENTURES TO DEVELOP RESIDENTIAL CONDOMINIUMS IN NHA BE DISTRICT HO CHI MINH CITY.TOTAL DEVELOPMENT COST FOR PROJECT, INCLUSIVE OF LAND COST, IS EXPECTED TO BE IN EXCESS OF VND 7,400 BILLION.ENTERS SHARE PURCHASE AGREEMENT WITH ESTABLISHED VIETNAMESE DEVELOPER TO ACQUIRE A 60% INTEREST IN THREE LAND PARCELS.DEAL FOR CONDITIONAL SHARE PURCHASE AGREEMENT OF VND1,304 BILLION. Full Article
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