tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Keppel Completes Voluntary Liquidation of Dormant Shanghai Subsidiary

Story Highlights
  • Keppel Ltd. has finalized the voluntary liquidation of dormant unit Techbod Info Tech (Shanghai).
  • The closure streamlines Keppel’s structure by removing an inactive entity and sharpening its business focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Keppel Completes Voluntary Liquidation of Dormant Shanghai Subsidiary

Claim 70% Off TipRanks This Holiday Season

Keppel Corporation Limited ( (SG:BN4) ) has shared an announcement.

Keppel Ltd. has completed the member’s voluntary liquidation of its dormant wholly-owned subsidiary, Techbod Info Tech (Shanghai) Co. Ltd., bringing the winding-up process of this non-operational unit to a close. The move streamlines Keppel’s corporate structure by removing an inactive entity, which may reduce administrative overheads and reflects the group’s ongoing efforts to focus on core businesses and improve organisational efficiency.

The most recent analyst rating on (SG:BN4) stock is a Buy with a S$12.20 price target. To see the full list of analyst forecasts on Keppel Corporation Limited stock, see the SG:BN4 Stock Forecast page.

More about Keppel Corporation Limited

Keppel Ltd. is a Singapore-based conglomerate with diversified interests, historically active in areas such as infrastructure, real estate, and asset management, serving regional and global markets from its headquarters at Keppel Bay Tower.

Average Trading Volume: 3,802,695

Technical Sentiment Signal: Buy

Current Market Cap: S$17.96B

Find detailed analytics on BN4 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1