Mar 2, 2011

Keppel fortifies capabilities in floating production topsides



Keppel Offshore & Marine acquires 27.8% stake in SGX-listed topside module fabricator Dyna-Mac.
Strengthening its lead as the total solutions provider for floating production systems, Keppel Offshore & Marine Limited (Keppel O&M), through its wholly-owned subsidiary KS Investments Pte Ltd (KSI), has acquired a 27.77% stake (250,000,000 shares) in topside module fabricator Dyna-Mac Holdings Ltd (Dyna-Mac) via an equity placement.
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Source: The Maritime Executive

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