Summary

Keppel announced a 6% surge in its stock price following the appointment of Piyush Gupta as non-executive chairman, effective April 17. The company also proposed a special dividend of 13 cents per share, comprising cash and Keppel REIT units, in addition to a final cash dividend of 19 cents per share. Keppel’s strong financial performance, driven by higher profits across its business segments, contributed to the positive market reaction.

https://www.straitstimes.com/business/companies-markets/piyush-gupta-appointed-keppel-chairman-with-danny-teoh-to-retire?ref=top-stories