Keppel Limited

[CityFarmer]

Keppel is preparing itself, on new opportunities arises from recent new MAS tightening regulation on asset managers? The "default" asset manager formed by sponsor, may not be necessary true anymore...

(not vested)

Keppel to consolidate and grow its asset management business

Keppel plans to consolidate its interests in business trust, REIT and fund management under
Keppel Capital and grow its asset management business.
...
http://infopub.sgx.com/FileOpen/MR%20-%2...eID=387061

What do you mean by that ? Thanks.

The recent tightening of Reits Manager regulations by MAS, has set a higher bar for Reits Manager. Sponsor's Reits Manager may not qualified, and external professional management service is needed. I have read the detail somewhere, but I lost the link.

(not vested)