May/June 2010 - Keppel Offshore & Marine

KEPPEL GROUP NEWSBYTESRewarding businessexcellenceKeppel Group garnered a total offive accolades at the SingaporeCorporate Awards ceremony on10 May 2010.Keppel Corporation’s 10-memberBoard was named the BestManaged Board among Singaporelistedcompanies with $1 billionand above in market capitalisation.CB Choo, CEO of KeppelCorporation and Chairman ofKeppel O&M, was named Best CEOin the large market capitalisationcategory.Keppel received five honours at the Singapore Corporate AwardsFor the Best Annual Report,the Group swept away threeawards with Keppel Corporation,Keppel Telecommunications &Transportation and K-REIT Asiabagging Gold in their respectivecategories.Strategic LakesidedevelopmentKeppel Land has won the highlycompetitive tender for a primeresidential site right next toLakeside MRT station in the BoonLay / Lakeside district for $302.98million. Apart from Keppel Land,keen bids for the land parcel camefrom 13 other local and foreigndevelopers.The 1.6-ha site will stand to benefitfrom development of the JurongLake District which is envisionedto become a world-class businessand leisure destination set amidst apicturesque lakeside environment.The opening of the new Hiep Phuoc Distribution Centre will enable Keppel T&T to serve the urbanand industrial regions in Vietnam betterTripling logistics footprint inVietnamIndo-Trans Keppel LogisticsVietnam Co., an associatedcompany of KeppelTelecommunications &Transportation (Keppel T&T)boosted its presence in Vietnamwith three new distributioncentres.With these centres, Keppel T&Tis now able to serve the urbanand industrial regions in Northand South Vietnam faster andbetter.34OffshoreMarine May – June 2010