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Keppel

#1868

Rank

$8.86B

Marketcap

SG Singapore

Country

Keppel
Leadership team

Mr. Chin Hua Loh CFA (CEO & Exec. Director)

Mr. Hon Chew Chan (Chief Financial Officer)

Ms. Soo Hwa Tok (Gen. Mang. of Group Control & Accounts)

Products/ Services
Energy, Renewable Energy
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1968
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BN4.SI
Social Media
Overview
Location
Summary
Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, infrastructure, and investment businesses in Singapore, China, Hong Kong, Brazil, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities. The company is also involved in the provision of offshore and marine-related, as well as self-elevating platforms owning and leasing services; sourcing, fabricating, and supply of steel components; ship repairing, shipbuilding, and conversion activities; ship owning business; chartering of ships, barges, and boats with the crew; property investment, management, and development activities; fund management business; golf club operations; hotel ownership and operation; development of residential properties; procurement of equipment and materials for the construction of offshore production facilities; development of district heating and cooling systems; power generation and supply, and general wholesale trade businesses; purchase and sale of gaseous fuels; distribution of IT products and retail sale of telecommunication products; and provision of fixed and other telecommunications services. In addition, it offers heavy-lift equipment and related services; project management and procurement, towage, financial, real estate investment trust management, and logistics and warehousing; and environmental infrastructure and solid waste treatment services, as well as develops renewable energy projects. The company was incorporated in 1968 and is based in Singapore.
History

1900 to 1980s: Keppel Harbour, establishment of Keppel Shipyard and expansion

The name of the company Keppel was derived from a British ship captain, Captain Henry Keppel, who discovered a natural, deepwater harbour in Tanjong Pagar in 1848. The harbour was previously known as New Harbour until 1900 when the acting governor of Singapore, Sir Alexander Swettenham, renamed the harbour to Keppel Harbour in the honour of Captain Henry Keppel when he visited Singapore in 1900.In 1968, Temasek Holdings founded Keppel Shipyard when Keppel Harbour was taken over from the British Royal Navy after it withdrew from the island. In the 1970s and 1980s, Keppel Corporation focused on diversification within the company and regionalisation with the first overseas venture in 1975, Keppel Philippines Shipyard was set up in partnership with Filipino investors, with head offices in Cebu and Manila. In 1978, Keppel then ventured into the finance industry by providing financial services to marine contractors under Shin Loong Credit which propelled the growth and expansion of the financial services provided by Keppel.

Keppel then ventured into the property market in 1983 after acquiring Straits Steamship Company, an established shipping company with substantial land holdings in Singapore. The Straits Steamship Company was then renamed to Straits Steamship Land to focus on the property market.

1990–1999: Expanding into the banking industry and moving of operations

In 1990, with the acquisition of Asia Commercial Bank, Keppel Corporation established banking and financial services as a major pillar of growth for the company and in 1997 Keppel Bank acquired Tat Lee Bank, resulting in an enlarged bank called Keppel TatLee Bank to expand its services in the banking industry. In 1999, Keppel Shipyard moved its operations base from Keppel Harbour to Jurong to expand Keppel Corporation's offshore and marine operations in yards around Tuas, Gul and Benoi, which were close to one another and also to develop the land which Keppel Harbour was situated on into waterfront residential area.

2001 to present

In 2001, Keppel divested its banking and financial services business and privatised its offshore and marine business which resulted in the integration of Keppel Shipyard together with Keppel FELS and Keppel Singmarine to form the Keppel Offshore & Marine group in 2002.

In 2015, Keppel Shipyard got a secured floating Production storage and Offloading conversion project worth of $89 million. The project includes repair, upgrade and modification. FPSO Conversion has already started and it is going to be completed in third quarter of 2016.They were the recipients of the Business China Enterprise Award in 2015, for their contributions to China-Singapore business relations.

Mission
Keppel Corporation's mission is to create value and provide quality solutions, uphold trust and integrity, and be operational excellence-oriented, creating community outcomes that are sustainable.
Vision
Keppel Corporation strives to be the preferred solution provider for sustainable growth and development of cities and communities.
Key Team

Ms. Cheng Mei Chang (GM of Group Legal & Joint Company Sec.)

Kenneth Lui (Gen. Mang. of Group Risk & Compliance)

Mr. Tong Yen Ho (Chief Sustainability Officer & Director of Group Corp. Communications)

Mr. Chang Chiang (Chief Exec. Officer of Keppel Infrastructure Fund Management Pte Ltd)

Meng Hin Yeo (Director of Group HR)

Mr. Toh Sim Goh (Chief Representative of China)

Ms. Eng Hwa Tan (Chief Financial Officer of Keppel Telecommunications & Transportation)

Recognition and Awards
Keppel Corporation has received numerous awards and accolades from leading organisations, such as the Banking & Financial Services Companies of the Year . It has also been recognised for its environmental best practices, such as the Green Mark Platinum Award for its office development.
References

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Keppel
Leadership team

Mr. Chin Hua Loh CFA (CEO & Exec. Director)

Mr. Hon Chew Chan (Chief Financial Officer)

Ms. Soo Hwa Tok (Gen. Mang. of Group Control & Accounts)

Products/ Services
Energy, Renewable Energy
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1968
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
BN4.SI
Social Media