Keppel Corporation Limited ( (SG:BN4) ) has provided an update.
Keppel Corporation Limited has announced the termination of its segregated account arrangement with Seatrium Limited, following the completion of their combination earlier this year. The company has resolved all contingent liabilities associated with the merger, and the termination is not expected to significantly impact Keppel’s financial metrics, such as net tangible assets or earnings per share.
More about Keppel Corporation Limited
Keppel Corporation Limited operates in the offshore and marine industry, focusing on infrastructure, property, and investments. The company is known for its engineering expertise and solutions, particularly in the areas of offshore rig design, construction, and repair, as well as shipbuilding and conversion.
YTD Price Performance: -17.25%
Average Trading Volume: 3,911,233
Technical Sentiment Signal: Buy
Current Market Cap: S$9.92B
See more data about BN4 stock on TipRanks’ Stock Analysis page.