Singapore, Jan 14, 2026, 15:40 SGT — Regular session
- Keppel shares fell about 1.4% in afternoon trade, a day after a sharp rise
- Company said it completed the members’ voluntary liquidation of a dormant subsidiary
- Investors are looking ahead to Keppel’s second-half and full-year results in early February
Shares of Singapore’s Keppel Ltd (SGX:BN4) fell 1.39% to S$10.68 by 3:28 p.m. local time on Wednesday, after the company said it had completed the members’ voluntary liquidation of a dormant unit. (SG Investors)
The timing matters because Keppel is heading into an earnings run, with the group set to release its second-half and full-year 2025 results on Feb. 5, before the market opens, according to a notice on its website. (Keppel)
The drop came against a firmer regional backdrop, with Asian stocks touching record highs as investors digested U.S. inflation data and watched sharp moves in the yen and precious metals. “The U.S. dollar might enjoy a bit more of a bid,” Matt Simpson, a senior market analyst at StoneX, said in a global markets note. (Reuters)
Keppel’s filing was short. It said liquidation proceedings for Keppel Technology and Innovation Pte. Ltd. had been completed, and pointed back to an earlier announcement made on Jan. 15, 2025. A members’ voluntary liquidation is a solvent wind-up, typically used to close an inactive company and distribute any remaining assets.
Keppel ended Tuesday at S$10.83 after trading as high as S$10.84, according to Yahoo Finance historical data. (Yahoo Finance)
The company has a market value of about S$19.5 billion, based on data compiled by StockAnalysis. (StockAnalysis)
Keppel has repositioned itself as an alternative asset manager and operator, with Morningstar putting its funds under management at about S$91 billion as of end-June 2025. (Morningstar)
Still, the liquidation update is unlikely to shift near-term earnings on its own. The more obvious risk for the stock is a choppy run into results, with any disappointment on profit, fees or outlook likely to hit harder after the recent climb.
Next up, investors will watch Keppel’s Feb. 5 results release. The group’s listed REITs will report earlier in the window, starting with Keppel DC REIT on Jan. 30, followed by Keppel Pacific Oak US REIT on Feb. 3 and Keppel REIT on Feb. 4, an SGX filing showed.
