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Keppel Corporation
12-02-2018, 09:36 PM,
Post: #591
RE: Keppel Corporation
(12-02-2018, 09:31 PM)cfa Wrote: Can they sue Keppel for lying throughout the accusation ?

If they can and win the case, then can spore kepcorp investors do the same Big Grin

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13-03-2018, 11:02 AM, (This post was last modified: 13-03-2018, 11:02 AM by weijian.)
Post: #592
RE: Keppel Corporation
Pretty long delivery date and roadside sources believe it to be a good deal for the customer (of course, they are ordering from a position of strength now)

Keppel to build mid-water harsh environment rig worth US$425million

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16-05-2018, 11:14 PM,
Post: #593
RE: Keppel Corporation
Keppel FELS closes deal to sell five existing rigs to Borr Drilling for approximately US$745m

Keppel Corporation Limited refers to its media release dated 16 May 2018 that Keppel FELS Limited, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, had entered into a Master Agreement with Borr Drilling Limited for the proposed sale of five existing jackup rigs.

The Company wishes to announce that the Master Agreement has become effective, and that Keppel FELS has signed the relevant definitive sale and purchase agreements with Borr Drilling for the sale of five jackup rigs for a total value of approximately US$745m.

Of the five rigs, two were originally built for Grupo R (being the Cantarell V and Paraiso II rigs) and one for Falcon Energy Group. Keppel FELS has already terminated the contracts with the respective owners. Two other rigs were being built in anticipation of potential demand.

The total price of the five rigs excludes the down payments which had already been made by the respective original owners.

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Specuvestor: Asset - Business - Structure.
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