Keppel Corporation Limited (SG:BN4) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Keppel Corporation has made notable strides in its transformation to an asset-light, global asset manager, with a 14% year-on-year increase in recurring income for the first nine months of 2024. The company achieved S$730 million in divestments, contributing to a total of S$6.1 billion since 2020, and saw a significant rise in asset management fees by 68% year-on-year. Keppel continues to attract strong investor interest in its new funds, aiming to close several by the end of the year.
For further insights into SG:BN4 stock, check out TipRanks’ Stock Analysis page.