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Keppel Corporation Streamlines with Subsidiaries Liquidation

Keppel Corporation Streamlines with Subsidiaries Liquidation

Keppel Corporation Limited (SG:BN4) has released an update.

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Keppel Corporation Limited has successfully completed the voluntary liquidation of five of its dormant subsidiaries, as part of a strategic move to streamline its operations. The subsidiaries that have been liquidated include Array Construction Pte. Ltd., Nopaford Pte. Ltd., Modtown Pte. Ltd., Jewel Development Pte. Ltd., and Keppel Land Asia Pte Ltd. This action follows the initial announcement made in October 2023, marking the end of these entities.

For further insights into SG:BN4 stock, check out TipRanks’ Stock Analysis page.

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