SGX:BN4Industrials
Keppel (SGX:BN4) Fills Bifrost Capacity As Valuation Upside Looks Modest
Keppel (SGX:BN4) has fully committed all five fibre pairs in its Bifrost Cable System, after signing an Indefeasible Right of Use agreement with a global hyperscaler for the final remaining pair.
See our latest analysis for Keppel.
The Bifrost announcement lands at a time when Keppel’s share price has a 7 day share price return of 7.4% and a 30 day share price return of 8.8%. The 3 year total shareholder return of 101.4% and 5 year total shareholder return of about 3.5x point to strong long...