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                    [ArticleID] => 324081
                    [Title] => Singapore’s Keppel to fully absorb RP maritime unit
                    [Summary] => KS Investments Pte. Ltd., a wholly-owned unit of Singapore’s Keppel Corp. Ltd., has made a general offer to acquire 70.53 percent of Keppel Philippines Marine Inc. (KPMI) for P1.407 billion ($27.4 million).


KS Investments, which already owns 29.47 percent of KPMI, said  the general offer is part of the group’s program to consolidate its regional investments in the marine industry.


Keppel said the transaction is not expected to have any material impact on its earnings per share or on net tangible assets Ltd. share for the financial year ended Dec. 31, 2006.


                    [DatePublished] => 2006-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 313246
                    [Title] => Keppel Group completes sale of Keppel Bank (Phils) to GE Consumer Finance
                    [Summary] => The Keppel Group of Singapore completed Tuesday the sale of its 96.5-percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Co. 


GECF acquired 23.406 million shares in KBP from Keppel Bank from Keppel Corp. Ltd. and Keppel Philippines Holdings Inc. for P1.45 billion.


The move is part of the group’s strategy to divest its non-core assets.


The Keppel Group is engaged in offshore and marine, property and infrastructure businesses with global footprint in 27 countries.  


                    [DatePublished] => 2005-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 300059
                    [Title] => GE unit buys Keppel Bank-RP for P1.45B
                    [Summary] => The Keppel Group of Singapore has sold its 96.5 percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of  General Electric Co., for P1.45 billion.


In a disclosure to the Philippine Stock Exchange, Keppel said it has reached agreement with GECF to sell its 23.406 million shares in KBP as part of its strategy to divest its non-core assets.


                    [DatePublished] => 2005-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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KEPPEL BANK PHILIPPINES INC

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                    [ArticleID] => 324081
                    [Title] => Singapore’s Keppel to fully absorb RP maritime unit
                    [Summary] => KS Investments Pte. Ltd., a wholly-owned unit of Singapore’s Keppel Corp. Ltd., has made a general offer to acquire 70.53 percent of Keppel Philippines Marine Inc. (KPMI) for P1.407 billion ($27.4 million).


KS Investments, which already owns 29.47 percent of KPMI, said  the general offer is part of the group’s program to consolidate its regional investments in the marine industry.


Keppel said the transaction is not expected to have any material impact on its earnings per share or on net tangible assets Ltd. share for the financial year ended Dec. 31, 2006.


                    [DatePublished] => 2006-03-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 313246
                    [Title] => Keppel Group completes sale of Keppel Bank (Phils) to GE Consumer Finance
                    [Summary] => The Keppel Group of Singapore completed Tuesday the sale of its 96.5-percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Co. 


GECF acquired 23.406 million shares in KBP from Keppel Bank from Keppel Corp. Ltd. and Keppel Philippines Holdings Inc. for P1.45 billion.


The move is part of the group’s strategy to divest its non-core assets.


The Keppel Group is engaged in offshore and marine, property and infrastructure businesses with global footprint in 27 countries.  


                    [DatePublished] => 2005-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 300059
                    [Title] => GE unit buys Keppel Bank-RP for P1.45B
                    [Summary] => The Keppel Group of Singapore has sold its 96.5 percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of  General Electric Co., for P1.45 billion.


In a disclosure to the Philippine Stock Exchange, Keppel said it has reached agreement with GECF to sell its 23.406 million shares in KBP as part of its strategy to divest its non-core assets.


                    [DatePublished] => 2005-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Singapore’s Keppel to fully absorb RP maritime unit

By Zinnia B. Dela Peña | March 3, 2006 - 12:00am

KS Investments Pte. Ltd., a wholly-owned unit of Singapore’s Keppel Corp. Ltd., has made a general offer to acquire 70.53 percent of Keppel Philippines Marine Inc. (KPMI) for P1.407 billion ($27.4 million). KS...

Business

Keppel Group completes sale of Keppel Bank (Phils) to GE Consumer Finance

By Zinnia B. Dela Peña | December 22, 2005 - 12:00am

The Keppel Group of Singapore completed Tuesday the sale of its 96.5-percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Co....

Business

GE unit buys Keppel Bank-RP for P1.45B

By Zinnia B. Dela Peña | October 5, 2005 - 12:00am

The Keppel Group of Singapore has sold its 96.5 percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of General Electric Co., for P1.45 billion. In...

Business