Brief: Keppel Announces S$3.7 Billion Programme To Monetise Up To 10 Legacy Rigs
27/07/2026 16:28
BRIEF-Keppel Announces S$3.7 Billion Programme To Monetise Up To 10 Legacy Rigs July 27 (Reuters) - Keppel Ltd KPLM.SI:
ANNOUNCES S$3.7 BILLION PROGRAMME TO MONETISE UP TO 10 LEGACY RIGS
TO DIVEST SIX RIGS TO OFFSHORE FUND IN 2026, ADDING S$1.2 BILLION
MAY DIVEST ADDITIONAL FOUR RIGS TO OFFSHORE FUND AFTER COMPLETION
TO RECOGNISE S$92 MILLION ACCOUNTING LOSS FROM SIX RIGS DIVESTED IN 1H 2026
DEAL ADDS S$3.9 BILLION TO KEPPEL’S FUNDS UNDER MANAGEMENT
Source text: ID:nSN4ptd4r
Further company coverage: KPLM.SI
((Reuters.Briefs@thomsonreuters.com;))
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