Dear readers, recently it was reported that Keppel Corporation held a meeting to chart the company’s strategic plan moving forward to year 2030 and that the strategic plan may involve the shedding of the company’s non-core businesses.
Currently, beside the parent company Keppel Corporation listed on the Singapore Stocks Exchange, there are two Reits of Keppel listed as well: Keppel DC Reit and Keppel Reit. Keppel also has one listed trust in Keppel Infrastructure Trust on the SGX.
Hence if the core business of Keppel is about oil, energy and offshore marine, then will any of the aforementioned three stocks be divested in view that these three stocks are Keppel’s non-core businesses? Will there be investors who will now invest in these three Keppel stocks with the anticipation of an exit offer for these stocks?
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