The company intends to divest its M1 telecommunications unit and stakes in 800 Super.
Keppel Corp. generated $14 billion in total asset monetizations during the first nine months of 2025, including $1.3 billion from the planned divestment of M1's telecom business and interests in 800 Super.
The proposed sale is targeted for completion by year-end, pending regulatory approval from Singapore’s Infocomm Media Development Authority.
Keppel stated that M1’s partnership with Liberty Wireless, a mobile virtual network operator, is unlikely to impact or delay the transaction.
The company further revealed plans to execute an additional $500 million in deals in the coming months.
Keppel also reported monetizing approximately $830 million in real estate assets during the same period.
It deployed sustainable solutions across four projects, with a combined asset value of $1.3 billion as of end-September 2025.
Nearly 50% of office and retail spaces at Keppel’s South Central site have been committed or are under negotiation.
In October 2025, Keppel’s Sino-Singapore Tianjin Eco-City sold a mixed-use residential and commercial plot, projected to contribute a profit of around RMB40 million ($7.3 million) in Q4 2025.
Exchange rate: 1 RMB = $0.18 as of 30 October 2025 (LSEG data via Google).