30 stories mentioning SGX:BN4
Every FINWIRES story that references SGX:BN4, newest first.
Keppel (SGX:BN4) bought back 200,000 shares in the open market on Thursday for about SG$2.2 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased nearly 2.6 million shares under its existing buyback mandate.
Keppel (SGX:BN4) has agreed to divest its 39% indirect stake in Keppel Merlimau Cogen to Keppel Infrastructure Trust (SGX:A7RU) for about SG$128.1 million, according to a Monday filing with the Singapore Exchange.Shares of the infrastructure company were up nearly 1% in Tuesday trading.Keppel Merlimau Cogen owns the Keppel Merlimau Cogen Plant on Jurong Island, which has a licensed generation capacity of around 1,300 megawatts.The transaction, executed via Keppel's subsidiary KCIF Investments, involves the transfer of one share in Kindle Energy and outstanding shareholder loans to the trust.Keppel Infrastructure Trust currently holds a 51% stake in Keppel Merlimau Cogen.
Keppel (SGX:BN4) bought back 200,000 shares in the open market on Tuesday for about SG$2.2 million, according to a same-day filing with the Singapore Exchange.The infrastructure and real estate company has so far repurchased nearly 1.2 million shares under its existing buyback mandate.
Keppel's (SGX:BN4) subsidiary, Corredance, started an arbitration against its three partners in a Vietnamese joint venture over land fees, according to a Monday filing with the Singapore Exchange.Corredance is seeking declarations that Denver Power, Tien Phuoc Real Estate Joint Stock Company, and Tran Thai Lands, not the company, are fully liable for about 6.877 trillion dong of additional land use fees that the authorities have imposed on their joint venture by the end of 2025.The joint venture was established for constructing, developing and operating residential and mixed-use developments in Ho Chi Minh. It is 40% owned by Corredance.
Singapore shares extended their losses on Thursday, plunging more than 1%, tracking regional losses as investors dreaded the fragility of the US-Iran ceasefire.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,942.06 and 4,991.85 throughout the day. It ended the session at 4,944.11, down 58.61 points or 1.2% compared to Wednesday's close.In economic news, Singapore's core inflation, which excludes the cost of accommodation and private transport, rose 1.7% year on year in March from 1.4% in the previous month, according to a joint release by the Monetary Authority of Singapore and the Ministry of Trade and Industry.On the corporate front, shares of Nanofilm Technologies International (SGX:MZH) soared over 40% at the close as its revenue spiked 24% year over year in the first quarter of the year to SG$55 million.Shares of Kin Global (SGX:KIN) jumped over 15% at the close, with the company's commencing trading on the Catalist board of the Singapore Exchange.Meanwhile, Keppel (SGX:BN4) was down over 3% at the close as its net profit for the New Keppel, which excludes non-core portfolio for divestment and discontinued operations, was slightly lower year over year in Q1.
Keppel (SGX:BN4) said its net profit for the New Keppel, which excludes non-core portfolio for divestment and discontinued operations, was slightly lower year over year in Q1, according to a Thursday filing with the Singapore Exchange.Lower contributions from the real estate segment offset strong performances from the infrastructure and connectivity divisions.However, recurring income improved marginally, backed by higher operational income and stable asset management profit.Year-to-date, the asset manager has completed and realized asset monetization of around SG$347 million as part of its up to SG$3 billion non-core asset monetization strategy.Shares of the company were down nearly 4% in Thursday's late-morning trade.
Keppel (SGX:BN4) divested i12 Katon, a suburban retail mall, for SG$372 million to Altallo Holdings, according to a Wednesday filing with the Singapore Exchange.The company classified the mall as a non-core asset, with the divestment part of the company's monetization plan.The divestment is expected to be completed during the second quarter of the year.The building is a five-story retail mall with three basement levels and has a total net lettable area of 211,950 square feet.
Keppel (SGX:BN4) completed the member's voluntary liquidation of its subsidiary, Atlantic Marina Services (Asia-Pacific), according to a Monday filing with the Singapore Exchange.The company had earlier declared its intention to liquidate the unit in a Sept. 18, 2025 filing.
Keppel (SGX:BN4) said its infrastructure division has secured a chilled water supply contract from Singapore's Housing & Development Board, according to a company release on Thursday.The project includes the design, installation and operation of centralized cooling systems at nine upcoming build-to-order projects in Tengah.Under the 20-year contract, roughly 10,000 households within Tengah's Brickland, Park and Forest Hill districts can engage Keppel to provide chilled water to cool their homes.Following this contract and together with an earlier contract, around 14,000 households across 12 projects in Tengah will have access to the energy efficient cooling system, the release said.
Keppel (SGX:BN4) completed the divestment of its outstanding stock in Keppel Philippines Properties to Forward Synergy Group, according to a Wednesday filing with the Singapore Exchange.Following the divestment, Keppel Philippines has ceased to be the company's subsidiary.
Showing 21-30 of 30