Keppel Completes Voluntary Liquidation of Dormant Innovation Subsidiary
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Keppel Corporation Limited has completed the voluntary liquidation of its dormant subsidiary, Keppel Technology and Innovation Pte. Ltd. This move aims to streamline its corporate structure and focus on active, revenue-generating businesses. The liquidation is not expected to impact day-to-day operations significantly. Analysts currently rate Keppel's stock (SG:BN4) as a Buy, with a price target of S$12.20. Keppel Ltd. operates in infrastructure, real estate, and asset management, emphasizing sustainable urbanization solutions.
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