Singapore’s Keppel Corp on Wednesday (May 3) announced a major corporate restructuring, doing away with its conglomerate form and dividing itself into three distinct units, in a bid to simplify and further grow its operations.
The conglomerate, which has operations ranging from data centres to renewable energy assets, will restructure itself into three businesses – fund management, investment, and operating platforms.
The fund management business will focus on capital raising, investment platform will make capital investment decisions, while the operating platform unit will subsume its other existing operations.
“This latest restructuring reflects a fundamental shift in how we organise ourselves to operate in a nimbler manner and harnes…
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