SGX Update : Keppel kept at ‘hold’ by UOB with $6.40 despite TS Jasper rumours

SINGAPORE (June 14): UOB Kay Hian is maintaining its “hold” call on Keppel Corp with $6.40 target despite market talk that the five-year contract for TS Jasper, currently under construction at Keppel, might be terminated.

The rig, ordered by Falcon Energy for US$500 million ($677 million), is currently chartered to Xcite Energy and is not due for delivery in 2017.

More Update : Equity Investment Singapore , Share Investment Tips , Stock Trading Signals ,Stock Investment SingaporeEquities Trading Tips  . . .

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