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Keppel Completes Liquidation of Four Subsidiaries

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Keppel Completes Liquidation of Four Subsidiaries

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An update from Keppel Corporation Limited ( (SG:BN4) ) is now available.

Keppel Corporation Limited announced the completion of voluntary liquidation proceedings for four of its subsidiaries: KRE Portland Pte. Ltd., KRE Korea Dul Pte. Ltd., KRE Omaha Pte. Ltd., and KRE Korea Hana Pte. Ltd. This development marks a strategic move to streamline its operations and potentially enhance its focus on core business areas, reflecting its continuous efforts to optimize its corporate structure and improve operational efficiency.

More about Keppel Corporation Limited

Keppel Corporation Limited is a Singapore-based conglomerate with diverse operations in the offshore and marine, property, infrastructure, and asset management sectors. It provides a range of products and services aimed at urbanization solutions and sustainable development, with a strong market presence in Asia and beyond.

YTD Price Performance: 0.15%

Average Trading Volume: 2,920,485

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: S$12B

See more insights into BN4 stock on TipRanks’ Stock Analysis page.

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