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Will Singapore take over Keppel and merge it with Sembcorp Marine?

Shareholders in Singapore's pride, the hard-strained Keppel Fels shipyard, will have to wait to find out whether the island state's investment company Temasek will become majority shareholder. Perhaps they are waiting for Sembcorp's decision to spin off its marine division. This will happen next week.
Photo: PR / Keppel
Photo: PR / Keppel
by TOMAS KRISTIANSEN

Singapore's investment company Temasek could play a key role in the future of the major Keppel Fels shipyard – and perhaps for the island state's yard sector in general.

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