Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Keppel Corporation Limited    KPLM   SG1U68934629

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Keppel Corp. : SGXNET: Acquisition of Units in K-REIT Asia

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/30/2011 | 01:05pm CEST
ACQUISITION OF UNITS IN K-REIT ASIA

Keppel Corporation Limited (the "Company") wishes to announce that it has today, through K-REIT Asia Management Limited ("KRAM"), a wholly-owned subsidiary of Keppel Land Limited received 23,534,019 units in K-REIT Asia issued at a price of S$0.8554 per unit as payment by K-REIT Asia of the acquisition fee due to KRAM as the manager of K-REIT Asia for the acquisition by K-REIT Asia of an approximate
87.51% equity interest in Ocean Properties Pte. Limited which owns Ocean Financial Centre.
The issue price per unit was arrived at based on the volume weighted average price for a unit in K-REIT Asia for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the period of ten business days immediately preceding 14 December 2011.
This mode of payment of the acquisition fee in the form of units in K-REIT Asia is in accordance with the provisions of the trust deed dated 28 November 2005 (as amended) constituting K-REIT Asia.
With this transaction, the total number of units in K-REIT Asia, deemed to be held by the Company
(through Keppel Real Estate Investment Pte Ltd, and Keppel Land Limited) has increased from
1,940,589,450 units (representing 76.88% of the total number of issued units in K-REIT Asia as at 30
December 2011) to 1,964,123,469 units (representing 77.10% of the total number of issued units in K- REIT Asia as at 30 December 2011).
The above transaction is not expected to have any significant impact on the earnings per share and net tangible asset per share of the Company for the current financial year.

1

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on KEPPEL CORPORATION LIMITED
03/24 KEPPEL : Land to collaborate on investment opportunities with Vietnam's State Ca..
03/23 KEPPEL : General Announcement
03/23 KEPPEL : Land to collaborate on investment opportunities with Vietnam’s St..
03/23 KEPPEL : signs Heads of Agreement with Borr Drilling for Transocean rigs
03/22 KEPPEL : O&M gets new chief
03/22 KEPPEL : Acquisition of Subsidiary
03/21 KEPPEL : Disclosure of Interest/ Changes in Interest of Substantial Shareholder(..
03/21 KEPPEL : Land increases stake in Saigon Centre
03/20 KEPPEL : Newcomer Borr scoops up Transocean rigs for $1.4 billion as dealmaking ..
03/20 M1 shareholders mulling disposal options
More news
Sector news : Shipbuilding - NEC
03/24 Lamprell sees tough year ahead, recovery only in 2018
03/23 DAEWOO SHIPBUILDING & MARINE ENGINEE : South Korea central bank chief says Daewo..
2016DJWHAT'S NEWS : Business & Finance -- WSJ
2016DJHYUNDAI HEAVY INDUSTRIES : Gets $700 Million Deal to Build 10 Ships for Iran Shi..
2016DJSTX Offshore Sale Halted
More sector news : Shipbuilding - NEC
News from SeekingAlpha
01/26 Keppel Corporation's (KPELF) CEO Loh Chin Hua on Q4 2016 Results - Earnings C..
01/26 Keppel reports Q4 results
01/26 Keppel Corporation Limited 2016 Q4 - Results - Earnings Call Slides
2016 Keppel Corporation's (KPELF) CEO Loh Chin Hua on Q3 2016 Results - Earnings C..
2016 Keppel reports Q3 results
Advertisement
Financials ( SGD)
Sales 2017 6 833 M
EBIT 2017 992 M
Net income 2017 916 M
Debt 2017 6 342 M
Yield 2017 3,30%
P/E ratio 2017 13,27
P/E ratio 2018 12,51
EV / Sales 2017 2,74x
EV / Sales 2018 2,59x
Capitalization 12 362 M
More Financials
Chart KEPPEL CORPORATION LIMITED
Duration : Period :
Keppel Corporation Limited Technical Analysis Chart | KPLM | SG1U68934629 | 4-Traders
Full-screen chart
Technical analysis trends KEPPEL CORPORATIO...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 6,67  SGD
Spread / Average Target -2,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Chin Hua Loh Chief Executive Officer & Executive Director
Boon Yang Lee Non-Executive Chairman
Hon Chew Chan Chief Financial Officer
Jacob Tong General Manager-Group Information Systems
Heng Tan Tow Non-Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
KEPPEL CORPORATION LIM..16.70%8 841
HYUNDAI HEAVY INDUSTRI..--.--%11 883
CHINA CSSC HOLDINGS LT..1.41%5 608
BRUNSWICK CORPORATION12.69%5 497
CSSC OFFSHORE & MARINE..11.41%5 170
SAMSUNG HEAVY INDUSTRI..--.--%4 163
More Results