Keppel Raises $4.9 Billion in Private Funds, Requests Trading Halt

Keppel, a Singapore-based conglomerate, has requested a trading halt and announced a private fund raise of $4.9 billion for education and data center assets. The company has also raised a total of $6.3 billion year-to-date through private funds. Additionally, Keppel has announced an equity buyback of 5% of its issued share capital and completed a voluntary liquidation of a dormant subsidiary.

Singapore-based conglomerate Keppel Corporation has requested a trading halt and announced a private fund raise of $4.9 billion for its education and data center assets. The company has also reported raising a total of $6.3 billion year-to-date through private funds. Additionally, Keppel has initiated an equity buyback of 5% of its issued share capital and completed the voluntary liquidation of a dormant subsidiary [1].

The trading halt was requested to facilitate the private fund raise, which will be used to bolster Keppel's education and data center operations. This move comes as part of Keppel's strategic efforts to expand its portfolio in these sectors. The equity buyback is expected to strengthen the company's financial position by reducing the number of shares outstanding, potentially enhancing shareholder value.

Keppel's recent financial activities reflect a focus on diversifying its revenue streams and strengthening its market position. The private fund raise and equity buyback are part of a broader strategy to improve operational efficiency and capitalize on growth opportunities in the education and data center sectors.

References:
[1] https://finance-commerce.com/2025/08/microsoft-mount-pleasant-data-center-expansion/