Company Briefs: Keppel Corp

Keppel Corp

Keppel Seghers Belgium, a wholly-owned subsidiary of Keppel Infrastructure Holdings, has secured a US$26.7 million (S$37 million) contract to provide technology and services to the Baoan waste-to-energy plant in Shenzhen, China.

Keppel Infrastructure is a division of mainboard-listed Keppel Corp.

The contract, which was awarded by repeat customer Shenzhen Energy Environment Engineering, is for the expansion of the existing plant through the provision of equipment design and technical services for the plant's furnace and boiler components.

Scheduled to be completed by 2018, the expansion will add an additional 4,675 tonnes per day, enabling the plant to process up to 8,875 tonnes per day of municipal waste, up from the current 4,200.


Singapore Exchange

The Singapore Exchange's SGX Index Edge will develop and manage the headline Nikkei Asia300 Index and related indices under a collaboration with Nikkei Inc.

The Asia300 is Nikkei's exclusive list of Asia's biggest and fastest-growing companies from 11 markets.

There are currently 325 companies, including 120 from Asean, which have been picked by Nikkei based on market capitalisation and adjusted for growth potential and geographic balance, providing its readers with a broad view of the market performance of leading Asian plays.

SGX Index Edge will utilise its index-calculation expertise to develop and manage a series of indices for the Asia300, which will measure the performance of Asia's most influential companies.

SGX Index Edge will also create sub-indices focused on individual markets comprising China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam, as well as the Asean region.


SMRT Corp

SMRT said that the application to the court to sanction the scheme to privatise the rail company will be heard on Oct 17.

The indicative last day for the trading of SMRT shares will be Oct 18. Suspension of the shares will take place on Oct 19.

The expected date for the payment of the scheme price will be Nov 1.

A version of this article appeared in the print edition of The Straits Times on October 06, 2016, with the headline 'Company Briefs'. Print Edition | Subscribe