Keppel piles pressure on SGX with M1, T&T buyouts

Singapore Exchange is on the verge of losing two more big names as Keppel looks to buy out its affiliate telco and infrastructure unit for up to $1.3 million, extending a run of take-privates.

Danny Leung

September 27, 2018

Infrastructure-to-property conglomerate Keppel Corporation announced two separate acquisitions worth a combined S$1.8 billion ($1.3 billion) on Monday that could potentially lead to the removal of two more listed companies from the Singapore stock exchange.

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