Keppel Publishes Transcript of 3Q and 9M 2026 Business Update Conference Call
Bitget2026/10/29 14:15- Keppel’s October 29, 2026, third-quarter and nine-month business update call featured CEO Loh Chin Hua, senior management, analysts and media.
- Nine-month New Keppel net profit rose more than 20% year over year; overall net profit fell 40%, reflecting non-core asset-value declines.
- New funds under management reached about SGD 19.5 billion year to date; nine-month asset management fees increased 18% to SGD 354 million.
- Announced non-core asset monetization totaled about SGD 3.7 billion year to date, exceeding the SGD 2 billion–SGD 3 billion annual target.
- Management reiterated its aim to pay special dividends of 10%–15% of realized non-core monetization proceeds; ordinary dividends remain tied to New Keppel earnings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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