Keppel Seeks $53M Claim Against Seatrium in Brazil Case
Singapore’s Keppel Corporation has filed arbitration proceedings against the local shipbuilding firm Seatrium, seeking to recover a claim amounting to S$68.4 million (approximately US$53.33 million). This action relates to the ongoing corruption crackdown in Brazil, as announced by both companies on Tuesday. In 2023, Seatrium provisioned S$82.4 million to cover
Keppel Secures S$2B from Global Investors for Future-Driven Funds
Singapore-based Keppel has made a significant stride in its global growth journey, securing nearly S$2 billion (US$1.53 billion) in capital commitments from institutional investors worldwide for its flagship funds. In a statement released on Monday, Keppel shared that the funding will support its Keppel Data Centre Fund III, Keppel Education