As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday, 28 November 2014

Keppel Corp: Sold Keppel FMO Unit to Cofely South East Asia for S$44.7 Million

By Gaurav Raghuvanshi
SINGAPORE--Keppel Corp. Ltd. (BN4.SG) said Friday it has sold its entire stake in its unit, Keppel FMO, to a unit of Cofely GDF SUEZ for 44.7 million Singapore dollars (US$34 million) in cash.

The company was sold by Keppel's unit Keppel Infrastructure Holdings Pte. Ltd. to Cofely South East Asia Pte. Ltd., a unit of Cofely GDF SUEZ, a European facilities management and design firm.

The payment includes a deferred consideration of up to S$9.72 million to be paid if certain targets are achieved by Keppel FMO, the parent firm said in a statement to Singapore Exchange where it is listed. Keppel FMO is incorporated in Singapore and provides facilities management services.

No comments:

Post a comment

Related Posts with Thumbnails