Steady achieverKeppel surged over 5% today before the afternoon break, benefiting from the strong wave of global fund inflows into Singapore equities. Beyond the broader market tailwind, its asset-light transformation continues to resonate with investors. While the proposed M1 divestment did not materialise, it also presents an opportunity for management to unlock value through alternative monetisation strategies or reposition the business to better support its long-term transformation.
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