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Keppel Places Wholly Owned Subsidiary Double Peak Holdings into Voluntary Liquidation

Story Highlights
  • Keppel has placed its wholly owned unit Double Peak Holdings into members’ voluntary liquidation.
  • The liquidation is not expected to materially affect Keppel’s assets or earnings for 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Keppel Places Wholly Owned Subsidiary Double Peak Holdings into Voluntary Liquidation

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

Keppel Ltd. has placed its wholly owned subsidiary, Double Peak Holdings Limited, under members’ voluntary liquidation. The company stated that the winding-up of this non-core entity is not expected to have any material impact on Keppel’s net tangible assets or earnings per share for the financial year ending 31 December 2026, indicating a limited effect on its overall financial position and operations.

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 businesses spanning infrastructure, real estate, asset management and other related services, serving global markets from its headquarters at Keppel Bay Tower.

Average Trading Volume: 3,654,090

Technical Sentiment Signal: Buy

Current Market Cap: S$18.43B

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

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