Asset Acquisitions and Disposals::INCREASE IN SHAREHOLDING IN ASSOCIATED COMPANY

Issuer & Securities

Issuer/ Manager
KEPPEL CORPORATION LIMITED
Securities
KEPPEL CORPORATION LIMITED - SG1U68934629 - BN4
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
30-Oct-2014 18:36:16
Status
New
Announcement Sub Title
INCREASE IN SHAREHOLDING IN ASSOCIATED COMPANY
Announcement Reference
SG141030OTHRI5OG
Submitted By (Co./ Ind. Name)
Caroline Chang/Kenny Lee
Designation
Company Secretaries
Description (Please provide a detailed description of the event in the box below)
Keppel Corporation Limited ("KCL") wishes to inform that pursuant to the resolution in respect of directors' fees (including the award of remuneration shares) passed during k1 Ventures Limited's ("k1") annual general meeting held on 28 October 2014, KCL's nominee director on k1's board (namely Mr Teo Soon Hoe) was awarded an aggregate of 45,000 ordinary shares in k1 ("k1 Shares").

In accordance with KCL's instructions, k1 has, on 29 October 2014, purchased the aforesaid 45,000 k1 Shares for the account of Kephinance Investment Pte Ltd (a wholly-owned subsidiary of KCL). Consequently, KCL's deemed interest in k1 has increased from 36.032% to 36.034%.